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Market Analysis 1 min read

[DEMO] EUR/USD Weekly Technical: Pivots, Triggers, Invalidations

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TopWealth Editorial

TopWealth Research Desk

[DEMO] EUR/USD Weekly Technical: Pivots, Triggers, Invalidations

Key Takeaways

  • Weekly close above 1.
  • 0850 keeps the structural reversal alive.
  • Failure flips bias back to 1.
Technical Levels

EUR/USDDaily

Resistance 21.1000
Resistance 11.0880
Pivot Point1.0830
Support 11.0780
Support 21.0650

Indicative levels — confirm in the trading terminal before sizing.

Market Sentiment · EUR/USD Bullish vs Bearish
62%
38%
▲ Bullish Bearish ▼

Internal client positioning · 14-day rolling

**Structure:** EUR/USD broke its August downtrend on the daily timeframe two weeks ago. The first higher-low (1.0780) has held, and price is consolidating below 1.0890. **Bull case:** Weekly close > 1.08901.09801.1080 (200-day SMA). **Bear case:** Daily close < 1.0780 → invalidation. Re-targets 1.0650 cycle low. **Catalysts:** ECB October minutes (Wed), US October CPI (Thu). Both events have potential to break the consolidation. Position size accordingly.

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