EUR/USD AI Live Scan, 1-hour chart, Monday, 8 June 2026
Every read JAFX AI made on the EUR/USD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:01 UTC
Downtrend, consolidating near lows · RSI 49 · price 1.15339
Basing above 1.1500 after sharp NFP-driven drop.
EUR/USD fell sharply Friday into the NY session, dropping from ~1.1644 to ~1.1500 on the hot US payrolls beat (172k vs 85k). After the weekend gap, price has based above the 1.1499 three-month low, bouncing to a 1.15545 swing high before easing back to 1.1534, where it sits just above a flattening EMA(20). RSI(14) has cycled back to neutral near 49 after the post-low recovery.
Support: 1.1499, 1.1508
Resistance: 1.15545, 1.1575
What it said to watch
H1 close below 1.1500 exposes the 1.1490 then 1.1445 zone
Reclaim of 1.15545 needed to challenge the 1.1575 resistance cap
US CPI Wed 12:30 UTC could materially shift this read
EUR/USD has clawed back off the three-month low at 1.14994 since Monday's reopen, recovering Friday's NFP-driven sell-off and printing higher lows back above EMA(20). The 1.15545 week high capped the advance and price has since drifted into a tight Asia-session range around 1.1534, with RSI(14) cycling mid-range. Price still sits below EMA(50), keeping the bounce subordinate to the weekly downtrend.
Support: 1.1500, 1.14994, 1.15094
Resistance: 1.15545, 1.1575
What it said to watch
H1 close below 1.1500 reopens the 1.1490/1.1445 region
Close above 1.15545 exposes the 1.1575 supply cap
US CPI Wed and ECB Thu are the week's defining catalysts and could reshape this read
22:01 UTC
Downtrend, basing after sell-off · RSI 52 · price 1.15343
Three-month low set, recovery off the floor.
EUR/USD sold off hard Friday after the blowout US payrolls print, dropping from ~1.1645 to a three-month low at 1.1499 across two sessions. Price has since based twice near 1.1499/1.1508 and recovered through Monday's NY session, reclaiming EMA(20) around 1.1530 with RSI(14) back into the low-50s. Recovery highs near 1.1547 are capping the bounce while EMA(50) sits above at 1.1565.
Support: 1.1530, 1.1508, 1.1499
Resistance: 1.1547, 1.1565
What it said to watch
H1 close above 1.1547 extends the recovery toward EMA(50) at 1.1565
Failure to hold 1.1499/1.1508 confirms a fresh lower low
US CPI Wed 12:30 UTC and ECB Thu 12:15 UTC could materially shift this read
Lower highs into Friday slide, basing above 1.1499.
EUR/USD sold off hard into Friday's NY session on the blowout US payrolls print, sliding from 1.1645 to a three-month low at 1.1499 before a weekend gap and a grind back to a 1.1545 week high. Price now sits just above EMA(20) with RSI(14) recovering through the mid-50s, but EMA(50) overhead near the 1.1591 cap region still frames the broader decline. The bounce has carved a series of higher lows off the 1.1499 base over the latest sessions.
Support: 1.15076, 1.14994
Resistance: 1.15545, 1.1591
What it said to watch
H1 close below 1.1499 confirms a fresh lower-low and opens deeper downside
Reclaim of the 1.1591 ema cap needed to neutralise the Friday slide
US CPI Wed 12:30 UTC and ECB decision Thu 12:15 UTC could materially shift this read
EUR sold off hard Friday on the strong US NFP print, sliding from 1.1645 toward the 1.1500 psych floor as the dollar bid dominated. Price held 1.1500 into the new week and recovered to a 1.15545 week high before easing back to 1.1530, reclaiming EMA20 with RSI cycling around 50. The week-low at 1.14994 marks the base of this recovery.
Support: 1.1529, 1.1500, 1.14994
Resistance: 1.15545, 1.1591
What it said to watch
H1 close below 1.1500 opens the 1.14/1.15 zone cited in macro read
Reclaim of 1.15545 needed to challenge the 1.1591 9-day EMA
US CPI Wed 12:30 GMT could materially shift this read
ECB rate decision Thu 12:15 UTC is the week's marquee risk
Lower highs after NFP breakdown, consolidating above 1.1500.
H1 broke down hard on Friday's NFP beat (172k vs 85k), sliding from ~1.1644 into the 1.1500 region and reopening this week below the EMA50. A recovery into the NY session stalled at the 1.1554 week high, and price has since faded to 1.1531, hugging the EMA20 with RSI back near mid-range. The 1.1519 swing low and the 1.1500 psychological floor remain the structural pivots beneath price.
Support: 1.1519, 1.1500
Resistance: 1.1544, 1.15545
What it said to watch
H1 close below 1.1500 psych floor opens the 1.14/1.15 zone
Reclaim of the 1.1554 week high would challenge the broken structure
US CPI Wed 12:30 GMT and ECB Thursday could materially shift this read
Lower highs since Friday's drop, holding 1.1500 floor.
Friday's NFP shock (172k vs 85k) drove a sharp leg from 1.1644 to 1.1518, and EURUSD opened Monday with a small weekend gap lower before recovering through the NY session to 1.1554. That bounce has since faded back to 1.1531, leaving price pinned just above the 1.1500 psychological floor with RSI(14) back near neutral. EMA20 is being tested from above while the broader structure stays defined by lower highs off the Friday high.
Support: 1.15076, 1.1500, 1.15176
Resistance: 1.15545, 1.1591
What it said to watch
US CPI Wed 12:30 GMT is the next dollar catalyst and could shift this read
ECB decision Thu 12:15 GMT — marquee EUR event
An hourly close below 1.1500 opens the 1.14/1.15 zone
A close above 1.1554 would challenge the 1.1591 nine-day EMA
EUR/USD spent the week heavy after Friday's hot US NFP drove a sharp slide into the 1.1500 psych floor, where buyers stepped in to mark a 1.14994 week low. The bounce reached 1.15545 in the prior NY session before stalling, and price has since drifted back to the EMA(20) near 1.1530 with RSI(14) cycling around the midline. The descending sequence off the weekly open at 1.16318 keeps the broader read bearish despite the corrective lift.
Support: 1.1500, 1.14994
Resistance: 1.15545, 1.16318
What it said to watch
H1 close below 1.1500 psych opens the 1.14 handle
Reclaim of 1.15545 bounce high needed to challenge the weekly open
ECB decision Thu 12:15 UTC could materially shift this read
19:01 UTC
Downtrend, basing this week · RSI 47 · price 1.15307
Lower highs into 1.1500 floor, intraweek consolidation.
Downtrend remains dominant since Friday's NFP-driven slide from 1.1645 toward the 1.1500 floor. This week reopened with a weekend gap lower, then bounced to a 1.1555 week high before fading back to 1.1530, leaving price hovering at EMA20 but below EMA50. RSI(14) is cycling near 47, reflecting the stalled rebound under the week high.
Support: 1.15076, 1.1500
Resistance: 1.15545, 1.1591
What it said to watch
H1 close below 1.1500 psych opens the 1.14 handle
Reclaim of 1.1555 week high negates the lower-high sequence
ECB decision Thu 12:15 UTC could reshape this read
18:01 UTC
Recovering off lows after Friday's slide · RSI 53 · price 1.15386
Rebound off 1.1500 base within broader down-leg.
EURUSD cratered Friday on the hot US NFP print (+172k vs 85k), shedding the 1.1640 area down to a weekend gap low near 1.1499. Since Monday's open price has carved higher-lows back to 1.1554 — exactly the 38.2% retracement of the slide — before stalling and easing to 1.1539. Price holds above EMA(20) but EMA(50) still caps overhead, leaving this a corrective bounce inside last week's down move.
Support: 1.1508, 1.1500, 1.14994
Resistance: 1.1544, 1.15545
What it said to watch
Reclaim of 1.15545 needed to extend the recovery toward EMA(50)
Hourly close below 1.1500 opens the path to the 1.14 handle
US CPI Wed 12:30 UTC and ECB Thu 12:15 UTC could materially shift this read
18:01 UTC
Downtrend, bouncing off lows · RSI 56 · price 1.15386
Basing above 1.1500 after NFP slide.
Friday's hot US NFP drove EUR off 1.1645 to sub-1.1500, and since Monday's reopen price has based around 1.1500, carving a double bottom near 1.14994 before recovering to 1.1544. RSI(14) has cycled back above 50 and price has reclaimed EMA(20), though it remains capped below EMA(50). The 1.15545 session high marks the first ceiling on the bounce.
Support: 1.1500, 1.14994, 1.1512
Resistance: 1.15545, 1.15715, 1.1600
What it said to watch
H1 close below 1.1500 confirms a lower low and opens the 1.14 handle
Reclaim and hold above 1.15545 extends the recovery toward 1.15715
ECB decision Thu 12:15 UTC could materially shift this read
EUR/USD sold off hard into Friday's NY session on the strong US payrolls beat (172k vs 85k), dropping from 1.1645 toward the 1.1500 psych level. Price gapped slightly lower on the reopen and has carved a double bottom around 1.14994, with RSI(14) recovering through 50 as price reclaimed EMA20. The week's recovery high near 1.1547 now caps, with EMA50 overhead keeping the broader bias lower.
Support: 1.1500, 1.14994, 1.15176
Resistance: 1.1547, 1.1591, 1.1644
What it said to watch
Close below 1.1500 confirms a lower low and opens the descending-channel base
Reclaim of 1.1591 would neutralise the week's downtrend
US CPI Wed and ECB decision Thu could materially shift this read
17:01 UTC
Downtrend, recovery off lows · RSI 56 · price 1.15397
Weekly downtrend, basing above 1.1500.
Friday's hot US NFP (172k vs 85k) drove a sharp leg lower, breaking 1.1600 and bottoming near 1.1518. The week opened with a gap lower toward the 1.1500 psych pivot, where demand stepped in twice — Monday's session has recovered to a week high of 1.15545 and price now sits back above EMA(20) with RSI cycling near 56. The broader structure stays a downtrend, capped by the prior swing near 1.15861.
Support: 1.1500, 1.14994
Resistance: 1.15545, 1.15861
What it said to watch
H1 close above 1.15545 week high opens the path toward 1.15861 prior swing
Failure to hold the 1.1500 psych / 1.14994 week low confirms a fresh lower-low
Recovery off the week's low after Friday's break lower.
USD-led selling on Friday's hot NFP (172k vs 85k) drove EUR/USD out of its 1.1600–1.1645 range and down to 1.1499. Monday's session has clawed back into the 1.1500s, lifting price back above EMA20 with RSI(14) cycling up toward 60, though the 1.1554 session high capped the rebound. Price still sits below EMA50, keeping the broader weekly slide intact.
Support: 1.1500, 1.14994
Resistance: 1.15545, 1.15715
What it said to watch
ECB decision Thu 12:15 UTC and US CPI Wed 12:30 UTC are the dominant catalysts for this read
H1 close above 1.1554 session high extends the recovery toward 1.1571
Failure to hold 1.1500 round number reopens the 1.1499 week low
Higher lows since 1.1499, climbing into prior supply.
EUR/USD has clawed back through this week after Friday's hot US payrolls (172k vs 85k) drove a steep slide that bottomed near the 1.1500 round level at 1.14994. Price has carved higher lows off the week open ~1.1509 and now sits at 1.15434 with RSI(14) cycling around 60, holding above EMA(20) but still capped below EMA(50) ~1.1570. This week's high at 1.15545 is the immediate ceiling.
Support: 1.15094, 1.14994
Resistance: 1.15545, 1.1570
What it said to watch
Close above 1.15545 week high opens the path back toward EMA(50) ~1.1570
Failure to hold the 1.1500 round level resumes the lower-low sequence
ECB decision Thu 12:15 UTC and US CPI Wed could materially shift this read
EUR/USD slid to a two-month low near 1.1500 after Friday's hot US NFP forced markets to price out Fed easing; the bulk of the damage came in a single sell-off through 1.15861 mid-week. Price opened with a weekend gap down to 1.1490s, then carved a double bottom around 1.15080/1.14994 and recovered through today's session, reclaiming EMA20 with RSI lifting back toward the mid-50s. Still trading below EMA50, with the 1.15545 session high capping the bounce so far.
Support: 1.1508, 1.1500, 1.14994
Resistance: 1.15545, 1.15861
What it said to watch
Close back below 1.1500 psych pivot reopens the path toward the 1.14994 week low
Reclaim of 1.15545 session high needed to extend the bounce toward the 1.15861 breakdown level
US CPI Wed and ECB decision Thu could materially shift this read
15:01 UTC
Downtrend, bouncing off lows · RSI 56 · price 1.15428
Weekly gap lower, recovery into prior range.
EUR/USD sold off ~75 pips after Friday's hot US NFP (172k vs 85k), then gapped lower into this week's open and printed the week low at 1.14994 just above the 1.1500 pivot. Price has since recovered above EMA20 toward 1.1555, where the session high capped the latest push. The broader H1 structure stays a downtrend with USD firm at monthly highs and the 1.1500 region holding.
Support: 1.1500, 1.14994, 1.1508
Resistance: 1.15545, 1.15861, 1.1591
What it said to watch
H1 close back below 1.1500 pivot re-opens the week low at 1.14994
Sustained move above 1.15545 session high targets the 1.1591 9d ema
US CPI Wed 12:30 UTC and ECB decision Thu 12:15 UTC could materially shift this read
Friday's blowout 172K NFP slammed EUR/USD ~0.75% lower, carving a clean impulse down from 1.1644 and a week low at 1.1499 after the weekend gap. Price has since recovered through EMA20 into the NY session, with RSI(14) lifting off oversold even as the pair holds below EMA50. The session high at 1.1554 is the first cap; the broader structure remains a downtrend until that level gives way.
Support: 1.1500, 1.1508, 1.14994
Resistance: 1.15545, 1.1591
What it said to watch
H1 close above 1.1554 session high opens the path back toward the 1.1591 range cap
Failure to hold the 1.1500 psych / 1.1499 week low confirms a fresh lower low
ECB decision Thu 12:15 UTC and Lagarde guidance can materially reset this read
EUR/USD spent the week under heavy USD pressure after Friday's 172K NFP, with a sharp leg lower that printed two-month lows at 1.1499. Price has since recovered off that base into the NY session, reclaiming EMA(20) and breaking the prior 1.1539 consolidation top, though it still trades below EMA(50). German Factory Orders missing at -3.8% kept EUR on the back foot, and the bounce is unwinding an earlier oversold RSI condition rather than reversing the broader downtrend.
Support: 1.1508, 1.1499
Resistance: 1.1591
What it said to watch
Close above 1.1591 9d ema would extend the recovery and challenge the downtrend
Failure to hold 1.1499 week low confirms continuation lower
US CPI Wed and ECB decision Thu could materially shift this read
EUR/USD slid to two-month lows after Friday's 172K NFP lifted the dollar, with the German Factory Orders miss keeping the euro on the back foot. Since Monday's open the pair has based around 1.1500 and rallied through the NY session, reclaiming EMA20 with RSI cycling back above 60. The session high at 1.15449 caps the move; 1.1591 (cited 9-day EMA) is the next overhead reference.
Support: 1.14994, 1.15076
Resistance: 1.15449, 1.1591
What it said to watch
Failure to hold 1.1500 reopens the week low at 1.14994
H1 close above 1.15449 extends the bounce toward 1.1591
US CPI Wed 12:30 GMT and ECB Thu 12:15 GMT could materially shift this read
EUR/USD remains in a USD-driven downtrend after Friday's 172K NFP beat hammered the pair into the 1.1499 swing low, with the German Factory Orders miss (-3.8%) keeping pressure on through the week. Price has clawed back above EMA20 this session toward the 1.15436 session high, with RSI(14) recovering off a higher low against the marginally lower price low. Structure still sits below EMA50, capped by the descending lower highs.
Support: 1.14994, 1.15076
Resistance: 1.15436, 1.15716
What it said to watch
Hourly close above the 1.15436 session high opens the path back toward the 1.15716 prior low
Failure to hold 1.14994 swing low confirms continuation of the downtrend
US CPI Wed 12:30 GMT and ECB decision Thu 12:15 GMT could materially shift this read
EUR/USD sits near two-month lows around 1.1525 after Friday's blowout US NFP (172K vs 85K) drove the sharp leg from 1.1644 down through 1.1500, with German Factory Orders missing badly (-3.8%) keeping rebounds capped. Since the weekend gap lower, price has chopped in a 1.1500–1.1539 range, reclaiming the EMA20 but holding well below the EMA50. RSI(14) has lifted off oversold toward 46 as the bleed slows just above the descending-channel base.
Support: 1.1500, 1.1510
Resistance: 1.1539, 1.1555, 1.1559
What it said to watch
US CPI Wed 12:30 UTC could materially shift this read
ECB decision Thu 12:15 UTC — guidance tone is the catalyst
H1 close below 1.1510 channel base opens further downside
Close above 1.1539 session high targets the 1.1555–1.1559 zone
11:01 UTC
Downtrend, basing after selloff · RSI 48 · price 1.15257
Two-month lows, sideways recovery.
EUR/USD broke sharply lower into Friday's NY session after the blowout US NFP, slicing from 1.1640 to two-month lows near 1.1500 and confirming the descending channel. Price has since stabilised in a 1.1500–1.1539 range, holding the round-number floor with RSI(14) lifting off oversold as the latest 1.1499 low printed without fresh momentum. The pair sits just above the H1 EMA(20) but well under EMA(50), keeping the broader bias heavy.
Support: 1.1500, 1.14994, 1.1510
Resistance: 1.15394, 1.1559, 1.1591
What it said to watch
Hourly close above 1.1559 prior low would break the lower-high sequence
Failure to hold 1.1500 reopens the 1.1510 channel base and further downside
US CPI Jun 10 12:30 GMT could materially shift this read
ECB decision Thu 12:15 GMT — guidance tone is the catalyst
10:01 UTC
Downtrend, near 2-month lows · RSI 42 · price 1.15084
Lower highs, lower lows below EMAs.
EUR/USD is pinned near two-month lows after Friday's 172K NFP beat triggered the sharp mid-window collapse from 1.1640 to the 1.1518 region. A weekend gap lower reopened near 1.1509, and a brief NY-session bounce to 1.1533 was rejected, dragging spot back to the lows. Price trades below both EMA(20) and EMA(50) with RSI(14) holding in the low 40s.
Support: 1.1518, 1.1500
Resistance: 1.1533, 1.1559, 1.1591
What it said to watch
H1 close above 1.1559 would challenge the lower-high sequence
Failure to hold 1.1500 extends the lower-low structure
US CPI Wed 12:30 UTC could materially shift this read
EURUSD remains pinned at two-month lows after Friday's NFP beat and weak Eurozone Q1 GDP drove a sharp selloff from the 1.1645 area down to 1.1506. Since the weekend gap, price has consolidated in a tight 1.1509–1.1535 band, capped by the EMA20 near 1.1531 with RSI(14) holding sub-45. The dominant impulse lower is still the reference; the recent stall is corrective rather than a structural reversal.
Support: 1.15059, 1.1500
Resistance: 1.1531, 1.1559, 1.1600
What it said to watch
H1 close above 1.1535 (ema20) opens room toward the 1.1559 prior low
Failure to hold 1.1506 (week low) exposes the 1.1500 psych level
US CPI Wed Jun 10 12:30 UTC and ECB Jun 11 12:15 UTC are the defining catalysts for this read
08:01 UTC
Downtrend, basing near lows · RSI 43 · price 1.1515
Two-month lows, gap-down then sideways.
EUR/USD sits pinned at two-month lows after Friday's blowout US NFP and a soft Eurozone Q1 GDP print drove a steep selloff from 1.1644 into 1.1518. The pair gapped lower into this week's open then went sideways, with a brief recovery to today's 1.1539 high fading back toward the 1.1500 psych level. Price trades below EMA20 with RSI(14) hovering in the low 40s, reflecting the basing after the impulse.
Support: 1.1500, 1.15176
Resistance: 1.15394, 1.1559, 1.1600
What it said to watch
ECB rate decision Jun 11 12:15 UTC and US CPI Jun 10 are the defining catalysts ahead
An H1 close above 1.1559 would challenge the downtrend's lower-high structure
Failure to hold the 1.1500 psych level opens room toward fresh lows
EURUSD sold off sharply Friday into the NY session as the US NFP beat (172K) drove the pair from 1.1644 down through 1.1520, with a weekend gap lower to 1.1506. Price is below both EMAs and has so far carved a stabilisation around 1.1518–1.1539, but the structure of lower highs since Friday remains intact. RSI(14) is recovering off oversold without reclaiming the midline.
Support: 1.15059, 1.1518
Resistance: 1.1539, 1.1559, 1.1600
What it said to watch
H1 close above 1.1559 prior low would challenge the lower-high sequence
Failure to hold 1.15059 week low confirms continuation lower
US CPI Jun 10 12:30 UTC and ECB Jun 11 could materially shift this read
06:01 UTC
Downtrend, bouncing off lows · RSI 45 · price 1.15325
Lower highs into weekend gap, early basing.
EUR/USD sold off hard Friday after the 172K NFP beat, collapsing from the 1.1640 area to a 1.1519 swing low before a weekend gap lower opened near 1.1509. Price has clawed back this session to 1.1532 with RSI lifting off oversold, but it remains below EMA20 and EMA50 and the 1.1559 two-month pivot now caps from above.
Support: 1.15176, 1.15059
Resistance: 1.15344, 1.15587, 1.1600
What it said to watch
Reclaim of 1.1559 would neutralise the post-NFP breakdown read
Loss of 1.1506 gap low confirms continuation of the downtrend
US CPI Wed and ECB Jun 11 could materially shift this read
Broke below 1.1559; consolidating under prior lows.
EUR/USD slid hard into Friday's NY session after the blowout US NFP (172K), slicing through the 1.1559 two-month low and bottoming near 1.15176. Price gapped lower into Monday's open and has since clawed back toward 1.1535, but trades below both EMA(20) and EMA(50) with RSI(14) recovering off oversold. The 1.1559 prior pivot now caps the bounce as overhead resistance.
Support: 1.15176, 1.1506
Resistance: 1.1559
What it said to watch
H1 close above 1.1559 invalidates the breakdown read
Failure to hold 1.1506 confirms a fresh lower-low
US CPI Jun 10 and ECB Jun 11 could materially reset this read
04:01 UTC
Downtrend, stabilising at lows · RSI 43 · price 1.15285
Lower highs, lower lows; weekend gap down.
EUR/USD broke down hard through Friday's NY session after the 172K US NFP beat, slicing from the 1.1640 area to a 1.1518 swing low in a single impulsive leg. A weekend gap reopened lower near 1.1509 before Monday's recovery clawed back to retest 1.1533, where supply has so far capped. Price trades below both EMA(20) and EMA(50) with RSI(14) recovering off oversold but still sub-50.
Support: 1.15176, 1.15059
Resistance: 1.15333, 1.1559, 1.1600
What it said to watch
H1 close back above 1.1559 would neutralise the post-NFP downdraft
Loss of 1.15176 swing low confirms continuation toward the gap low at 1.1509
US CPI Wed and ECB Thu are the dominant catalysts that could reset this read
EUR/USD broke down hard out of its 1.1595-1.1645 range on Friday's blowout US NFP (172K), sliding to a two-month low and printing lower highs and lows since. The weekend tape opened with a gap down to 1.15059 before a modest Monday recovery into 1.1533, but price sits below both EMA(20) and EMA(50) with RSI cycling near 40. The 1.1559 area that gave way on payrolls is now the nearest recovery pivot.
Support: 1.15059, 1.15176
Resistance: 1.1533, 1.1559, 1.1620
What it said to watch
H1 close below 1.15059 gap low opens continuation toward fresh lows
Reclaim of 1.1559 2mo pivot would neutralise the breakdown read
US CPI Wed and ECB decision Thu can materially shift this read
02:01 UTC
Downtrend, attempting to stabilise · RSI 43 · price 1.1534
Lower highs into weekly lows, early recovery.
EUR/USD sold off hard through Friday's NY session as the 172K NFP beat powered a broad USD bid, slicing from the 1.1640s to 1.1518 in a few hours. Price gapped lower into Monday's open at 1.15094 and has since clawed back to 1.1534, but remains pinned beneath EMA20 and EMA50 with RSI(14) cycling in the low-40s. The 1.1559 prior low now caps as resistance; the week's structure stays a series of lower highs.
Support: 1.15059, 1.1500
Resistance: 1.15596, 1.1600
What it said to watch
US CPI on Jun 10 is the next decisive catalyst and could materially shift this read
An H1 close back above 1.1559 would challenge the lower-high sequence
Failure to hold 1.1500 reopens the recent low at 1.1506 and below
EUR/USD broke sharply lower into Friday's NY session after the 172K US NFP beat powered a broad USD bid, slicing through the 1.1559 prior low which now caps as resistance. Price gapped lower over the weekend to a session low at 1.15059 and is now consolidating in a tight 1.1509-1.1523 band with RSI(14) lifting off oversold. The swing high at 1.15225 has capped the initial bounce while the 1.1559 pivot remains well overhead.
Support: 1.15059, 1.1500
Resistance: 1.15225, 1.1559
What it said to watch
H1 close below 1.15059 confirms continuation of the lower-low sequence
Reclaim of 1.15590 needed to neutralise the downtrend read
US CPI Jun 10 and ECB Jun 11 are the catalysts that could redefine this read
EURUSD broke down hard from the 1.164 area after Friday's US NFP beat (172K), slicing through the 1.16 consolidation and the 1.1559 two-month low in one impulse. Price opened the new week with a gap lower and is pinned near 1.1514, holding below both EMA(20) and EMA(50) with RSI(14) sub-35. The 1.1559 prior low now caps as resistance while demand has so far stalled the slide around 1.1506.
Support: 1.1506, 1.1500
Resistance: 1.1522, 1.1559, 1.1600
What it said to watch
H1 close below 1.1500 psych level extends the down-leg
Reclaim of 1.1559 needed to signal a recovery pivot toward 1.16
US CPI Tue 12:30 UTC could materially shift this read