EURUSD continues the press against the ceiling area

  • The battle rages between the buyer and sellers.
EURUSD
EURUSD tests the 50% and swing area.

The EURUSD has been knocking on the ceiling that has a high or 1.0277. The 50% of the range since June 27 is also in play at 1.02829.

I have been talking of this upper ceiling level for days now and buyers are making another run for a break. The not so bullish news is the sellers (who may have stops on a break) are keeping the lid on the pair so far.

Key test. Break above and buyers will look for more upside momentum.

Best in 2026

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