EUR/USD, Technical Analysis – H1

17.07.2026 09:53
Intraday
Technical

The downward technical correction phase appears to have concluded, enabling buyers to actively develop a new upward trending swing. The logical targets under this structure are the nearest high zone at 1.1480 and the key psychological level of 1.1500.

Key Levels:

□ 1.1480 (nearest resistance / swing high)

□ 1.1500 (psychological target)

Primary Scenario:

Rise toward 1.1500.

Alternative Scenario:

Consolidation around 1.1480.

Analyst Commentary:

The market currently remains suitable exclusively for bullish trading.