- December 24, 2025
- Posted by: EWGFX
- Category: Technical analysis
EUR/USD is maintaining an overall bullish trend, trading above a rising trendline that confirms higher highs and higher lows. After a strong impulsive move to the upside, price returned to mitigate a marked Fair Value Gap (FVG) / demand zone, which successfully acted as support and fueled another bullish leg.
Currently, price is approaching a short-term resistance area near recent highs, where momentum is starting to slow. The projected scenario suggests a potential corrective pullback toward the highlighted FVG zone, with the 1.17600 level acting as a key downside target and reaction area.
As long as price holds above the main support zone, the broader bullish structure remains intact. A clean rejection from the upper trendline could lead to a healthy retracement before continuation, while a strong breakout above resistance would signal further upside extension