EUR/USD Technical Analysis – 1-Hour Chart (October 3, 2025)EURO / U.S. DOLLARFX_IDC:EURUSDHenrybillionEUR/USD is currently in a consolidation phase after a short-term recovery, presenting clear support and resistance zones for traders to consider. The pair shows potential for sideways movement before the next breakout. Trend Overview Short-term trend: The pair experienced a sharp decline after reaching resistance around 1.1820, then rebounded from the lows near 1.1660. Current trend: Sideways consolidation between 1.1700 and 1.1780, forming a rectangular range pattern. Key Support and Resistance Levels Resistance: 1.1765 – 1.1780 (upper boundary of the consolidation zone). Support: 1.1700 – 1.1710 (recent swing lows and Fibonacci 38.2% retracement). Technical Indicators Trendline & Fibonacci: The downtrend line connecting the recent highs indicates potential selling pressure. Fibonacci retracement from 1.1820 to 1.1660 shows 1.1720 – 1.1740 as a critical area for reaction. EMA (Exponential Moving Average): EMA 21 has crossed above EMA 50, signaling a potential short-term bullish momentum. Price currently trading above EMA 21 supports buying opportunities on pullbacks. RSI & Price Action: RSI hovers around 50, indicating neither overbought nor oversold conditions. Price action shows a classic rectangle pattern, suggesting range trading before a breakout. Suggested Trading Strategy Buy Strategy: Enter near the support zone: 1.1720 – 1.1730. Target Take Profit: 1.1760 – 1.1780. Stop Loss: 1.1700. Sell Strategy: Consider short positions near the resistance zone: 1.1765 – 1.1780 if bearish signals appear. Target Take Profit: 1.1720 – 1.1710. Stop Loss: 1.1785. -Tip: EUR/USD is consolidating in a range. Avoid chasing the market and wait for clear entries within key zones. - Conclusion: EUR/USD is moving sideways between 1.1700 and 1.1780. Traders can capitalize on short-term range-bound trades while monitoring for a breakout above resistance or below support. Keep an eye on price behavior for potential trend continuation.