EURUSD Consolidates Below Resistance — Bears Aim for 1.1650

Dec 11, 2025

Hello traders! Here’s my outlook on the current EURUSD setup. After a prolonged consolidation phase, the pair repeatedly respected the Support Level around 1.1640–1.1650, where buyers have consistently stepped in to defend the zone. This area has acted as a strong demand region, forming multiple ranges and triggering previous upward reversals. Each fake breakout below support confirmed that sellers failed to gain control, allowing price to rebound back into structure. Currently, EURUSD is trading within an ascending structure supported by the Triangle Support Line, which has guided price higher following the major turnaround. Along the way, several breakouts and retests validated bullish momentum as the pair pushed toward the key Resistance Level at 1.1710. This resistance remains the main barrier where price previously rejected and rotated lower. At this moment, EURUSD is approaching the Resistance Level again. If buyers maintain control and continue respecting the rising support line, the primary scenario is a pullback toward TP1 → 1.1650, where a major decision point awaits. This area has proven to be a reliable support level and aligns with previous retests, making it a critical zone for potential bullish continuation. A clean breakout above 1.1710 would open the door for a stronger upward move, signaling renewed bullish strength. However, if price breaks below the Triangle Support Line and falls under 1.1640, the bullish structure becomes invalid, and the market may return to deeper corrective levels. For now, the trend remains moderately bullish as long as price holds above support and stays within the rising structure. Please share this idea with your friends and click Boost 🚀

Dec 12, 2025

Trade active

We see a picture where after the impulse, the euro makes another impulse, testing the resistance zone. While we are watching how the situation will develop further.

Dec 14, 2025

Trade closed manually

As we can see, the euro still broke through the resistance line, so our forecast is not valid.