TradeWize · free chart read

EURUSD is bouncing inside a bear flag with no clear trend inside a daily uptrend. 1.16079 ends the flag, 1.15714 resumes the fall.

EURUSD=X · 1H · read on 2026-09-02 · Still forming.

What the read found

Trend: no clear directional structure — highs and lows are mixed
Formation: bear flag — Still forming.
Decides above: 1.16079 (the bear flag)
Decides below: 1.15714 (the bear flag)
Resistance: 1.16225
Resistance: 1.16591
Support: 1.15714
Level history: The last four times price reached 1.16225 it held every time, bouncing 0.2% on average.
Level history: The last two times price reached 1.16591 it held every time, bouncing 0.1% on average.
Level history: The last two times price reached 1.15714 it held once, bouncing 0.3%.

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Every figure on this page was computed from the real candles up to 2026-09-02. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns