EUR/USD - H1 Bearish Pennant (Bearish Setup) (16.09.2026)

Wait 5 sec.

EUR/USD - H1 Bearish Pennant (Bearish Setup) (16.09.2026)Euro vs. US DollarFX:EURUSDKABHI_TA_TRADINGEUR/USD is consolidating inside a bearish pennant after a strong downside move, with price now pressing the lower boundary around the current market area. A confirmed break below the pennant support could expose the marked downside levels, while a recovery above the upper trendline would weaken the bearish structure. 🔴 1st Support : 1.14972 🔴 2nd Support : 1.14750 🟢 Resistance Zone : 1.15350–1.15420 📰 Fundamentals and Live Headlines : 1. U.S. dollar remains firm ahead of the September 16 Fed decision, with markets pricing a high probability of a 25-basis-point hike. 2. Reports roughly 90% pricing for a 25-bp hike, with the post-meeting guidance likely to be a major FX catalyst. Disclaimer: This analysis is for educational purposes only. Support the idea 🚀 Boost | 💬 Comment | 🔁 Share Best Regards, KABHI_TA_TRADING Thank you.