TradeWize · free chart read

EURUSD is coiling inside a rising wedge with no clear trend under a weekly downtrend. 1.16333 ends the wedge, 1.16181 resumes the fall.

EURUSD=X · 4H · read on 2026-09-07 · Still forming.

What the read found

Trend: no clear directional structure — highs and lows are mixed
Formation: rising wedge — Still forming.
Decides above: 1.16333 (the rising wedge)
Decides below: 1.16181 (the rising wedge)
Resistance: 1.16266
Resistance: 1.16632
Support: 1.15320
Level history: The last three times price reached 1.16266 it held twice, bouncing 0.3% on average, and broke through once.
Level history: The last three times price reached 1.16632 it held every time, bouncing 0.7% on average.
Level history: The last two times price reached 1.15320 it held every time, bouncing 0.4% on average.

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Every figure on this page was computed from the real candles up to 2026-09-07. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns