- November 14, 2025
- Posted by: EWGFX
- Category: Technical analysis
EUR/USD has been trading inside an ascending structure, but the latest price action shows signs of exhaustion near the ATH resistance zone (1.16651). After multiple attempts to break higher, the pair is showing rejection candles inside the upper range. Price has now slipped back toward the midline of the channel and is hovering around the trigger area (≈1.1622). If this level fails to hold bearish pressure could begin to build Key Technical Notes: Ascending Channel Still intact but momentum is slowing at the top Symmetrical Triangle Breakout: Earlier bullish structure led to a push into the ATH region. Current Range: 1.1622 – 1.1665. Rejection at ATH: The upper box shows repeated failures to break new highs Old ATH: Market respected this level in the past and is reacting similarly again. If price continues rejecting the upper zone, it may drift toward the next downside areas: 1.16061 – First important zone below trigger 1.15797 – Channel support.
As long as the market stays below the ATH box, the upward momentum appears limited. A clean reclaim above 1.1665 would be needed to shift sentiment again.
This is a technical market observation for educational purposes only.