EURUSD Technical Outlook: Rejection From Pivot Zone

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EURUSD | Technical Analysis

Market Structure
- The pair is trading inside a clear pivot/supply zone around 1.1755
- Price has failed to hold above this zone and is now losing bullish momentum
- Recent candles show rejection + lower highs, signaling distribution

Primary Bias
Bearish while below the pivot zone (≈ 1.1755)


As long as price remains below this zone, the structure favors downside continuation rather than trend continuation.

Bearish Scenario
Rejection from the 1.1755 pivot zone
First downside target: 1.1680
Below 1.1680 → bearish continuation toward:
1.1550 (major demand/reaction zone)

Corrective / Alternative Scenario
A temporary pullback or consolidation may occur above 1.1680
From the lower demand zone, price could attempt a corrective rebound, not a trend reversal
Bullish continuation is invalid unless price reclaims and holds above 1.1755

Key Levels
Pivot / Supply Zone: 1.1755
Resistance: 1.1869 → 1.1940
Support: 1.1680→ 1.1590→ 1.1550


Aviso legal

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