EUR/USD Technical Analysis (Short)

EUR/USD has made a fresh one-week high and is holding above $1.1596 support, forming a higher low and showing mild bullish bias. However, momentum is slowing as price consolidates.

Resistance remains at $1.1623, which has not yet been tested. The market is currently quiet as traders wait for the upcoming Fed meeting, limiting strong moves.

As long as $1.1596 holds, buyers still have control, but expect range movement and quick swings rather than strong trends for now.