EUR/USD AI Live Scan, 4-hour chart, Friday, 12 June 2026
Every read JAFX AI made on the EUR/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
17:02 UTC
Downtrend, basing after breakdown · RSI 53 · price 1.15729
Ranging 1.1500-1.1590 after sharp leg lower.
Price broke down from the 1.162-1.165 area to 1.1520 as hot US CPI/PPI lifted the dollar, and has since consolidated in a 1.1500-1.1590 range. A double bottom near the 1.1500 range floor has carried the recovery back above EMA20, though price still sits below EMA50. ATR(14) has normalised after the selloff, leaving the read range-bound between the 1.1590 weekly high and the 1.1500 floor.
Support: 1.1500, 1.1522
Resistance: 1.1590, 1.1600, 1.1685
What it said to watch
H4 close above 1.1600 round number opens the path back toward the 1.1685 swing high
Failure to hold the 1.1500 range floor confirms a lower-low and reopens downside
Lagarde speech Mon 07:30 UTC and FOMC dots Jun 17 could materially shift this range read
17:01 UTC
Range-bound, recovering off lows · RSI 53 · price 1.15729
1.1500-1.1590 range after sharp drop.
A sharp early-February break dropped EUR/USD out of the 1.16 handle into a 1.1500-1.1590 range, where it has churned since. A double bottom near 1.1500 has held on two tests, and price has recovered to mid-range after the cooler US core CPI/PPI prints trimmed Fed tightening expectations. Price sits right at the 50% retrace of the impulse drop with ATR(14) in a moderate regime.
Support: 1.1500, 1.1518
Resistance: 1.1590, 1.1600
What it said to watch
H4 close above 1.1590 weekly high opens the path to 1.1600
Failure to hold the 1.1500 double bottom confirms a lower low
Lagarde speech Mon 07:30 UTC and FOMC dots Jun 17 could materially shift this read
A sharp break lower earlier this month — the USD bid off hot US PPI and Hormuz tensions — rolled the H4 structure over and left price basing in a 1.1502–1.1590 range. The recent dip to 1.1502 was a false break of the lows that reversed hard back toward the 1.1590 weekly high. Price sits above EMA20 but capped below EMA50, with ATR(14) near 30 pips after the post-break compression.
Support: 1.1530, 1.1502, 1.1522
Resistance: 1.1590, 1.1635
What it said to watch
H4 close above the 1.1590 weekly high opens the path back toward 1.1635
Failure to hold the 1.1530 range pivot reopens the 1.1502 swing low
ECB's Nagel (14:30 UTC) and US Michigan sentiment could shift this read
13:01 UTC
Downtrend stalling, now ranging · RSI 53 · price 1.15712
Range 1.1500-1.1590 after sharp drop.
A sharp selloff on Feb 13 broke the prior uptrend, dropping EUR/USD from the 1.1640s to 1.1500 in two bars on the hot US PPI print and dollar safe-haven bid. Price has since consolidated in a 1.1500-1.1590 range, with the 1.1590 weekly high capping the latest recovery push. ATR(14) has compressed back toward 32 pips as the post-shock volatility drains.
Support: 1.1517, 1.1500
Resistance: 1.1590, 1.1644
What it said to watch
H4 close above 1.1590 weekly high opens the path back toward 1.1640
Failure to hold 1.1500 confirms a fresh lower-low
ECB Nagel (14:30 UTC) and US Michigan sentiment could shift this read
10:43 UTC
Downtrend, consolidating after breakdown · RSI 51 · price 1.15657
Lower highs; basing near 1.1500 floor.
EUR/USD broke sharply through its 1.1600-1.1644 multi-week range floor, sliding to 1.1503 as the Iran-driven safe-haven USD bid overwhelmed the largely priced-in ECB hike. Price is now consolidating between 1.1500 and 1.1590, with two lows holding near 1.1503 hinting at a double-bottom base while the EMA50 caps overhead. Momentum is neutral and ATR remains elevated from the breakdown impulse.
Support: 1.15026, 1.1500, 1.15345
Resistance: 1.15895, 1.1600, 1.16441
What it said to watch
H4 close above 1.1600 invalidates the lower-high read and confirms recovery
Failure to hold 1.1500 confirms a lower-low and reopens downside
US Michigan inflation expectations 14:00 UTC could shift the USD-led move
10:43 UTC
Downtrend, consolidating near lows · RSI 53 · price 1.15657
Ranging 1.1500-1.1590 after a lower low.
Price broke sharply lower mid-window, slicing from the 1.1640s to a 1.14994 sweep low as a firm USD on Iran/Hormuz haven flows overwhelmed the in-line ECB hike. Since then EURUSD has consolidated in a 1.1500-1.1590 band at two-month lows, with the bounce off 1.15068 lifting price back above EMA20 but still capped well under EMA50. The 1.1600 pivot remains the line that defines any recovery.
Support: 1.1500, 1.14994
Resistance: 1.15895, 1.1600
What it said to watch
H4 close above 1.1600 invalidates the range read and opens a recovery
Failure to hold 1.1500 reopens the lower-low toward 1.14994
UoM sentiment / inflation expectations at 14:00 UTC could shift the USD-driven read
09:01 UTC
Downtrend, basing after sharp drop · RSI 52 · price 1.15657
Sharp leg lower into 1.1500, now consolidating.
EURUSD broke the multi-day 1.1600-1.1640 range with a sharp impulse lower to 1.1499, the move driven by Iran-war safe-haven USD demand and a hot US PPI print that offset the surprise hawkish ECB hike. Price has since based between 1.1500 and 1.1589 and reclaimed EMA20 on the latest recovery candle, though it remains below EMA50. ATR(14) is still elevated from the crash, signalling the lower range is unsettled rather than compressing.
Support: 1.1503, 1.1500
Resistance: 1.1589, 1.1600
What it said to watch
H4 close above 1.1600 sma confluence would invalidate the downtrend read and open a sustained recovery
Failure to hold 1.1500 psych confirms continuation of the lower-low structure
Michigan sentiment / ECB speakers today could materially shift this read
09:01 UTC
Downtrend, basing near lows · RSI 52 · price 1.15657
Sharp drop then recovery off 1.1500 floor.
Price slid hard from the 1.1644 region into a 1.1500 floor as Iran-war USD haven demand pinned EUR/USD sub-1.16 despite the ECB's hawkish hike. Twin lows at 1.1499 and 1.1507 carved a double bottom, with the subsequent recovery stalling at 1.1590 just below the 1.1600 SMA confluence. ATR remains elevated from the drop and price now trades back above EMA20 but under a falling EMA50.
Support: 1.15087, 1.14994
Resistance: 1.15895, 1.1600, 1.16441
What it said to watch
H4 close above 1.1590/1.1600 sma confluence needed to confirm sustained recovery
Failure to hold the 1.1500 range low confirms a fresh lower low
US Michigan sentiment and ECB speakers today could shift the haven-driven read
05:01 UTC
Downtrend, near two-month lows · RSI 51 · price 1.15712
Lower highs into a 1.1500 floor.
EURUSD remains in a multi-day downtrend that accelerated on the sharp sell-off through 1.1600, with hot US PPI and Iran haven flows keeping the dollar firm and the euro pinned near two-month lows. Price has carved a double bottom around the 1.1500 floor, tested at 1.14994 and again at 1.15026, with the latest bar recovering toward the 1.1575 cap. Lower highs persist and ATR(14) has eased to roughly 30 pips, a compression after the impulsive leg lower.
Support: 1.1500, 1.14994, 1.1400
Resistance: 1.1575, 1.1589, 1.1645
What it said to watch
H4 close below 1.1500 confirms a lower-low, opening the 1.1400 zone
Reclaim of 1.1575 cap needed to negate the lower-high structure
ECB speakers (Sleijpen, Nagel) and US Michigan sentiment today could shift this read
EUR/USD remains in a H4 downtrend after the sharp risk-off slide to 1.1499, driven by hot US headline PPI and Iran-related dollar haven demand. Price has since carved a double bottom around the 1.1500 psych pivot and is now testing the 1.1565/75 cap, sitting near the 50% retracement of the 1.1644-1.1499 impulse. ATR has cooled from the drop-day spike but the structure stays capped by descending lower highs.
Support: 1.1530, 1.1500, 1.1499
Resistance: 1.1575, 1.1590, 1.1644
What it said to watch
H4 close above the 1.1575 cap opens the path back to 1.1590
Loss of 1.1500 psych pivot confirms a lower low toward 1.1400
Michigan sentiment (14:00 UTC) could shift dollar tone and this read
Lower highs and lower lows, sweep of two-month low.
EURUSD has rolled over since the early-Feb breakdown, pinned near two-month lows as hot US PPI and a firm dollar cap the euro. The latest bar swept below the 1.1503 low and recovered to close right under the 1.1565/75 cap, leaving a lower-high structure intact. Price has reclaimed EMA20 but trades below a declining EMA50.
Support: 1.15026, 1.1500, 1.15222
Resistance: 1.1575, 1.15861
What it said to watch
H4 close above the 1.1575 cap opens the path back to 1.1586
Failure to hold 1.1500 confirms a lower-low toward the 1.1400 zone
US Michigan sentiment Fri 14:00 UTC could shift this read
01:01 UTC
Downtrend, bouncing off lows · RSI 50 · price 1.15727
Lower highs and lows, two-month low.
EUR/USD broke its prior 1.1600 range and slid to two-month lows near 1.1500 after a hot US PPI print and safe-haven USD bid, with a hawkish-but-fully-priced ECB offering no euro support. Price is now consolidating below the 1.1565/75 cap, recovering off the 1.1500 area on the latest bar. ATR(14) expanded sharply on the selloff, signalling the trend phase is still active rather than compressing.
Support: 1.1500, 1.15176, 1.1400
Resistance: 1.1575, 1.15895, 1.1620
What it said to watch
H4 close above 1.1575 cap would invalidate the breakdown read
Failure to hold 1.1500 opens the 1.1400 zone
US Michigan sentiment Fri 14:00 UTC could shift the USD read