EUR/USD Bulls Face a Critical Test as Resistance Tightens This Week

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EUR/USD technical analysis shows price approaching a major resistance zone as the recent rally faces a critical test. Michael Boutros, Senior Technical Strategist at FOREX.com, breaks down the multi-timeframe setup, highlighting key levels that could determine whether the broader uptrend resumes or stalls. With limited data ahead, markets remain highly sensitive to geopolitical developments and risk sentiment.

This content was created by an affiliate of FOREX.com and represents the views and opinions of the author/speakers, not the views and opinions of Forex.com, StoneX Group Inc., or its subsidiaries. The content has not been independently reviewed by FOREX.com.

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Review my latest Euro Technical Forecast for a breakdown of the longer-term EUR/USD levels. Join the Weekly Strategy Webinar for an in-depth breakdown of the USD Majors and more. Join live on Monday’s at 8:30am EST. 

Written by Michael Boutros, Senior Technical Strategist

Follow Michael on X @MBForex

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