EUR/USD AI Live Scan, 4-hour chart, Monday, 29 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.
17:01 UTC
Downtrend, basing after selloff · RSI 55 · price 1.14241
Lower highs into 1.1325 floor, higher lows forming.
Multi-week downtrend carried EUR/USD from 1.162 to a 1.1325 floor, where price double-bottomed and is now recovering toward the 1.1434 swing high. Price has reclaimed EMA20 but still sits below a falling EMA50, keeping the broader structure heavy; demand has stepped in twice near 1.1325. The recovery firmed alongside hawkish Sintra ECB tone, with Lagarde at 17:30 UTC the next catalyst.
Support: 1.1380, 1.1325, 1.1300
Resistance: 1.1434, 1.1466, 1.1500
What it said to watch
H4 close above 1.1434 swing high opens the path to 1.1466 prior high and the 1.150 psych target
Failure to hold the 1.1380 higher lows reopens the 1.1325 floor
Lagarde at 17:30 UTC and tomorrow's German CPI could materially shift this read
Lower highs intact, higher lows since 1.1325 base.
Multi-week downtrend from the 1.1655 area carved a base near 1.1325 before a soft-USD recovery lifted price back to 1.14084. Higher lows have formed since the bottom but the 1.1434 swing high capped the bounce, keeping the broader lower-high sequence intact. The advance is USD-driven into NFP week rather than a euro story.
Support: 1.1380, 1.1325
Resistance: 1.1434
What it said to watch
H4 close above 1.1434 recent high would break the lower-high sequence
Failure to hold 1.1380 pullback low reopens the 1.1325 swing low
Lagarde Sintra 17:30 UTC and US NFP later this week could materially shift this read
Lower highs and lower lows; bouncing off 13-mo low.
EURUSD remains in a clear H4 downtrend, carving lower highs and lower lows since the 1.1665 top three weeks ago and bottoming at the 13-mo low of 1.1325. The bounce stalled at 1.1434 swing high before rolling back to 1.1384, and ATR(14) has compressed to ~30 pips as price consolidates between the 1.1325 floor and the 1.1434 cap. Firm USD on hawkish-Fed pricing kept the recovery shallow.
Support: 1.1325, 1.1280
Resistance: 1.1434, 1.1500
What it said to watch
Close below 1.1325 13-mo low opens 1.1280 next support
Close above 1.1434 swing high would break the lower-high sequence toward the 1.1500 recovery path
German HICP 07:00 UTC and Lagarde 17:30 UTC could materially shift this read
EURUSD remains in a multi-week downtrend off the 1.16193 area but has based twice around 1.1325 — the 13-month low — and rebounded to 1.1434. Price has since faded back toward 1.1380 and is hugging the EMA20 while staying well below the EMA50, consistent with the digest's oversold-consolidation read after the USD repricing eased. ATR(14) near 46 pips shows ranges holding steady rather than expanding.
Support: 1.1325, 1.1300
Resistance: 1.1434, 1.1500
What it said to watch
H4 close below 1.1325 confirms a fresh lower-low and opens 1.1300
A break above 1.1434 invalidates the downside read toward 1.1500
Eurozone flash CPI and US ADP/ISM in the next sessions could reset this range