EURUSD 1H Intraday AnalysisEuro/US DollarFX:EURUSDHenrybillionEURUSD 1H Intraday Analysis: Holding 1.173 Demand, Upside Path Toward 1.180 EURUSD is sitting on a clean 1H demand/reclaim area around 1.173, after a steady pullback from the 1.180 swing high. The chart shows a classic “support test + bounce attempt” structure: if buyers can keep price accepted above 1.173, the next rotation targets the mid-range first, then a retest of 1.180. Today’s game plan is straightforward: trade the 1.173 decision zone, and let price confirm whether this is a continuation bounce or a breakdown setup. Key Support and Resistance Levels (Most Important Today) Support 1.1730–1.1740 (Main demand / decision zone): the green box on your chart, must hold for bullish continuation. 1.1700 (Major floor): prior swing low; break and hold below shifts bias bearish. 1.1685–1.1665 (Deeper support): only in play if 1.170 fails cleanly. Resistance 1.1760–1.1770 (First supply / pullback cap): first area to react during the bounce. 1.1780 (Structure level): break above improves odds of a run to highs. 1.1800 (Key resistance): top line on the chart, major target and likely sell-response area. Fibonacci Confluence (Swing High 1.180 to Swing Low 1.170) Using the visible swing from 1.180 → 1.170, the most useful intraday Fib cluster aligns well with the current structure: 0.382: ~1.1738 (right inside the 1.173 demand area) 0.50: ~1.1750 (first magnet if bounce holds) 0.618: ~1.1762 (key mid resistance) 0.786: ~1.1779 (often the “last gate” before highs) This makes 1.173 the pivot: if it holds, Fib levels above become natural step targets. Trendline Read (Market Structure) The move down from the 1.180 peak forms a short-term descending pressure line (lower highs). Bulls need a break and hold above 1.176–1.178 to confirm the trendline break and shift the intraday structure back to bullish. If price keeps rejecting under 1.176–1.178, expect choppy rotations back into 1.173. EMA + RSI Checklist (Confirmation Tools) EMA (20/50/200 approach) If price is below EMA50 on 1H, rallies often stall at resistance first (1.176–1.178). Bullish continuation quality increases if: price reclaims EMA20, then holds above EMA50 on retests (support flip behavior). If price rejects repeatedly at EMA20/EMA50, treat bounces as corrective. RSI (1H) Bullish confirmation: RSI reclaims and holds above 50 during pullbacks. Bearish continuation: RSI stays heavy under 50, especially if 1.173 breaks. High-Probability Trade Plans (Intraday) Plan A: Buy the 1.173 Demand Retest (Best Risk-to-Reward) Entry idea: 1.1730–1.1740 after bullish rejection (wicks + stronger closes) Invalidation: below 1.1700 Targets: TP1: 1.1750 TP2: 1.1762–1.1770 TP3: 1.1780 TP4: 1.1800 Plan B: Breakout Buy Toward 1.180 (Confirmation Setup) Trigger: 1H close above 1.1780, then a retest that holds Invalidation: back below 1.1760 after the breakout Targets: TP1: 1.1800 Extension: only if momentum is strong and 1.180 breaks cleanly Plan C: Sell Rejection Into 1.176–1.178 (If Bounce Looks Weak) Trigger: rejection wicks + failure to close above 1.1762/1.1780, RSI unable to hold 50 Invalidation: close above 1.1780 with acceptance Targets: TP1: 1.1740 TP2: 1.1730 TP3: 1.1700 Plan D: Breakdown Sell Below 1.170 (Continuation Bearish) Trigger: clean break and 1H acceptance below 1.1700 Invalidation: reclaim back above 1.1700 Targets: TP1: 1.1685 TP2: 1.1665 What to Watch During the Session If 1.173 holds and price prints higher lows: expect step-by-step upside through 1.175 → 1.1762 → 1.178 → 1.180. If 1.173 fails and price accepts below 1.170: the bullish idea is invalidated and the path opens lower. The cleanest momentum signal today is a reclaim and hold above 1.178. Risk Note This is a technical analysis perspective for education, not financial advice. Intraday conditions can turn volatile quickly, so keep risk fixed per trade and avoid forcing entries in the middle of the range. If this EURUSD level map helps, follow and save the idea so you can reference the zones and session plans later.