Euro is trying to break out of its sideways range 12/11/2025

Price action has been mostly sideways with a slight topside bias, but the 1.1600 psychological barrier is still capping momentum.

Technical outlook

• SMAs: Price is holding above the simple moving averages, which continue to underpin the bullish case on dips.
• RSI: Working off overbought readings and could turn constructive again in the near term.

Base case (bullish above 1.1530, confirmation needed)

• Staying above 1.1530 keeps the intraday bullish tilt intact.
• A clear break/4H close above 1.1600 would likely extend toward 1.1630, then 1.1660.

Alternative / downside

• Back below 1.1530 would reintroduce downside pressure and retest 1.1500 before the next directional cue.

Risk note
Volatility remains elevated amid trade tensions. Use prudent sizing and firm stops; reassess quickly if the key levels give way.

Risk Disclaimer: Trading CFDs involves risks, and therefore the scenarios outlined above are not a recommendation to sell or buy but rather an explanatory reading of price movement on the chart.

S1: 1.1545	R1: 1.1600
S2: 1.1500	R2: 1.1630
S3: 1.1470	R3: 1.1665