Article details
The EUR/USD pair has rebounded sharply from last week’s selloff, surpassing key November 2025 support levels at 1.1491 and 1.1468. After hitting a low of 1.14102 on Friday, buyers intervened to push the price back above these critical levels, reaching a session high of 1.1502. This technical reversal is significant as it shifts momentum in favor of bulls, supported by weaker U.S. dollar dynamics driven by falling Treasury yields, stronger equities, and softer oil prices. Traders are now focused on near-term resistance at 1.1508 (38.2% retracement) and the 100-hour moving average near 1.1530, with a potential target at the 50% retracement level of 1.1538. A sustained break above these levels could signal a broader bullish trend, while a retest of the 1.1491 support remains a key risk. The technical setup suggests a critical juncture for EUR/USD, with traders closely monitoring volume and momentum indicators to confirm the strength of the rebound.
