TradeWize · free chart read

EURUSD is 55 bars into a downtrend, coiling inside a falling channel after the daily uptrend broke. A close above 1.13536 or below 1.13265 decides it.

EURUSD=X · 1H · read on 2026-09-29 · Still forming.

What the read found

Trend: lower highs and lower lows over the window, 5 steps across 55 bars, still intact
Formation: falling channel — Still forming.
Decides above: 1.13536 (the falling channel)
Decides below: 1.13265 (the falling channel)
Resistance: 1.14034
Resistance: 1.14123
Level history: The last four times price reached 1.14034 it held every time, bouncing 0.2% on average.
Level history: The last two times price reached 1.14123 it held every time, bouncing 0.3% on average.

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Every figure on this page was computed from the real candles up to 2026-09-29. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns