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EURUSD closed below its rising wedge at 1.14824 and fell back above it 1 bar ago. The break failed. A close back below 1.14824 would change that.

EURUSD=X · 1H · read on 2026-09-18 · Closed below 1.14824 7 bars ago, then closed back above it 1 bar ago. The break failed.

What the read found

Trend: lower highs and lower lows over the window, 3 steps across 29 bars, still intact
Formation: rising wedge — Closed below 1.14824 7 bars ago, then closed back above it 1 bar ago. The break failed.
Decides above: 1.14952 (the rising wedge)
Decides below: 1.14824 (the rising wedge)
Resistance: 1.14976
Resistance: 1.15562
Support: 1.14607
Level history: The last two times price reached 1.14976 it held every time, bouncing 0.3% on average.
Level history: The last five times price reached 1.15562 it held every time, bouncing 0.2% on average.
Level history: The last four times price reached 1.14607 it held every time, bouncing 0.2% on average.

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Every figure on this page was computed from the real candles up to 2026-09-18. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns