If buyers can get past the $1.16 resistance, EURUSD might move up to the $1.17 and $1.18 levels. There may be a drop below the $1.14 and $1.13 support levels if sellers are successful in maintaining the price below the $1.15 level.
EUR/USD Market
Key Levels:
Resistance levels: $1.16, $1.17, $1.18
Support levels: $1.15, $0.1.14, $1.13
EURUSD Long-term Trend: Bearish
A big bearish engulfing candle on the daily chart indicates that the price drop began near $1.18. The price began to decline, and the bears are continuing the downward trend. As the unfavorable trend deepened, the price started to drop. The price is currently falling at the $1.16 support level as the bearish trend continue after breaking the $1.17 barrier. The prior level was obviously the lowest point of a bearish trend. Buyers provide a lower barrier to stop further price reductions. When the price approached $1.17, more dealers joined the market. In an effort to maintain the falling trend, the bulls are currently defending the $1.16 level.
The price is currently falling at the $1.16 support level as the bearish trend continue after breaking the $1.17 barrier. The prior level was obviously the lowest point of a bearish trend. Buyers provide a lower barrier to stop further price reductions. When the price approached $1.17, more dealers joined the market. In an effort to maintain the falling trend, the bulls are currently defending the $1.16 level. According to the Hull Suite, the market is decreasing in accordance with the currency signal. If buyers can get past the $1.16 resistance, the price might move up to the $1.17 and $1.18 levels.
— Forex Visit Price Action Analysis (@ForexVisit) January 19, 2026
There may be a drop below the $1.14 and $1.13 support levels if sellers are successful in maintaining the price below the $1.15 level. EURUSD medium-term Trend: Bearish The EURUSD has been under bearish pressure for the last two days; at $1.16, a bearish engulfing pattern emerges; as the price gets closer to $1.18, it begins to decrease; the negative reversal started when the upward pressure lessened and a double top pattern emerged; powerful bearish candles appear. When the price is below the Hull Suite signal, the price flips down from $1.18 to $1.15; Furthermore, there is a decreasing trend in the QQE MOD score. You can purchase Lucky Block here. Buy LBLOCK EURUSD Price: Bulls Oppose Bears at $1.18 Point ” width=”1281″ height=”530″ />
The EURUSD has been under bearish pressure for the last two days; at $1.16, a bearish engulfing pattern emerges; as the price gets closer to $1.18, it begins to decrease; the negative reversal started when the upward pressure lessened and a double top pattern emerged; powerful bearish candles appear.
When the price is below the Hull Suite signal, the price flips down from $1.18 to $1.15; Furthermore, there is a decreasing trend in the QQE MOD score.
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