Sun, Feb 01, 2026 13:08 GMT
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    HomeContributorsTechnical AnalysisEUR/USD Stalls Near 1.1950

    EUR/USD Stalls Near 1.1950

    The euro currency continues to push higher as price action closed above 1.1900 on Friday.

    Afterward, the euro gained nearly 0.30% on the day on Monday.

    Following a brief rise to intraday highs of 1.1966, the common currency pulled back.

    Price action is testing the 19th August highs. If we see a reversal off this level, then there is a possibility of a decline as a result of the double top pattern.

    But, for the moment, the bias remains to the upside.

    Above 1.1966, the next level of interest will be the 1.2000 handle.

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