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EURUSD is 80 bars into a downtrend, coiling inside a falling wedge after the daily uptrend broke. It poked above the wedge 4 bars ago without closing there. 1.13662 ends the wedge, 1.13887 resumes the rise.

EURUSD=X · 1H · read on 2026-09-24 · Poked above 1.13887 4 bars ago without closing there. Still forming.

What the read found

Trend: lower highs and lower lows over the window, 7 steps across 80 bars, still intact
Formation: falling wedge — Poked above 1.13887 4 bars ago without closing there. Still forming.
Decides above: 1.13887 (the falling wedge)
Decides below: 1.13662 (the falling wedge)
Resistance: 1.13956
Support: 1.13785
Support: 1.13649
Level history: The last six times price reached 1.13956 it held 5 times, bouncing 0.2% on average, and broke through once.
Level history: The last eight times price reached 1.13785 it held 6 times, bouncing 0.2% on average, and broke through twice.
Level history: The last four times price reached 1.13649 it held three times, bouncing 0.2% on average.

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Every figure on this page was computed from the real candles up to 2026-09-24. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns