EUR/USD price trades above $1.1490 as market consolidates near key resistance
EUR/USD consolidates near 1.1502 with traders watching VWAP and cloud resistance at 1.1526
EUR/USD traded near 1.1502 on June 18, 2025, as the pair consolidated within a tightening structure, holding above a critical support zone between 1.1480 and 1.1490. The recent rejection from the 1.1620 level has triggered a short-term pullback, yet the broader uptrend remains intact for now.
Key highlights
- EUR/USD trades near 1.1502 with critical support at 1.1480 holding firm
- Indicators show compression below 1.1526 cloud resistance and VWAP zone
- Break above 1.1526 could open path to 1.1604; failure risks drop to 1.1440
With price action hovering around the 20/50 EMA cluster and the Bollinger Band mid-line acting as dynamic resistance, traders are watching for a breakout trigger to define the next directional move.
Price compresses beneath VWAP and cloud
On the 4-hour chart, EUR/USD is navigating a narrow channel, with the Fibonacci structure indicating that the pair remains above the lower boundary near 1.1488. The 30-minute chart shows a bearish tilt, with price trading below the VWAP zone (1.1501–1.1511) and Parabolic SAR flipped above. RSI stands near neutral at 50.32, while MACD is flat and momentum indicators flash signs of hesitation. Ichimoku Cloud analysis reveals the pair below the cloud, with a flat Kijun line at 1.1511 and a tangled Chikou Span suggesting consolidation.
EUR/USD price dynamics (Source: TradingView)
Bollinger Bands are tightening on short-term charts, and %B remains below zero—underscoring reduced volatility and indecision. The Klinger Oscillator stays below its signal line, further supporting a range-bound bias unless a catalyst emerges. The DMI also reflects market equilibrium, with an ADX reading between 17 and 21, confirming a lack of strong directional conviction.
Medium-term bias intact above 1.1480
The daily chart offers a constructive medium-term picture. The bullish structure, anchored by higher lows and the breakout above the descending trendline in May, remains valid as long as the pair trades above 1.1440. The 200 EMA at 1.1367 continues to act as long-term support. Should EUR/USD close above 1.1526—the cloud top and immediate resistance—it may pave the way for a move toward 1.1549, then 1.1604 and 1.1620. Conversely, a breakdown below 1.1440 risks deeper correction toward 1.1410 and 1.1360.
In earlier analysis, we noted the importance of the 1.1620 resistance and the consolidation near 1.1490. The current pattern reaffirms that this range remains the decisive battleground. Until EUR/USD clears 1.1525 or breaks below 1.1440, sideways action will likely persist.
