TradeWize · free chart read
EURUSD is coiling inside a rising wedge under a weekly downtrend. 1.16419 ends the wedge, 1.16264 resumes the fall.
What the read found
- Trend: a series of higher highs and higher lows over the window, 4 steps across 35 bars, still intact
- Formation: rising wedge — Still forming.
- Decides above: 1.16419 (the rising wedge)
- Decides below: 1.16264 (the rising wedge)
- Resistance: 1.16632
- Resistance: 1.17144
- Support: 1.15714
- 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 1.17144 it held once, bouncing 0.5%.
- Level history: The last five times price reached 1.15714 it held every time, bouncing 0.9% 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