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EURUSD is 10 bars into a downtrend, coiling inside a descending triangle inside a daily uptrend. 1.16406 ends the triangle, 1.16252 resumes the fall.

EURUSD=X · 1H · read on 2026-09-10 · Still forming.

What the read found

Trend: lower highs and lower lows over the window, 3 steps across 10 bars, still intact
Formation: descending triangle — Still forming.
Decides above: 1.16406 (the descending triangle)
Decides below: 1.16252 (the descending triangle)
Support: 1.16144
Support: 1.16023
Level history: The last 13 times price reached 1.16144 it held 12 times, bouncing 0.2% on average, and broke through once.
Level history: The last three times price reached 1.16023 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 2026-09-10. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns