{"id":233989,"date":"2025-04-06T01:30:00","date_gmt":"2025-04-06T08:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=233989"},"modified":"2025-04-06T00:09:31","modified_gmt":"2025-04-06T07:09:31","slug":"eurusd-retest-of-the-trading-range-high","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/eurusd-retest-of-the-trading-range-high\/","title":{"rendered":"EURUSD Retest of the Trading Range High"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: EURUSD Forex<\/h2>\n\n\n\n<p>The market formed a EURUSD retest of the trading range high this week. The bears see the current move as a bull leg and a buy vacuum within the trading range. They hope that the upper third of the trading range will act as resistance. The bulls want a retest of the top of the trading range followed by a breakout above.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">EURUSD Forex market <\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Monthly<\/em> EURUSD Forex chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/EURUSD-Monthly-Retest-Trading-Range-High.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/EURUSD-Monthly-Retest-Trading-Range-High-680x383.jpg\" alt=\"EURUSD Monthly - Retest Trading Range High, EURUSD Retest of the Trading Range High\" class=\"wp-image-234130\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/EURUSD-Monthly-Retest-Trading-Range-High-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/EURUSD-Monthly-Retest-Trading-Range-High-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/EURUSD-Monthly-Retest-Trading-Range-High-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/EURUSD-Monthly-Retest-Trading-Range-High.jpg 1280w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The March monthly EURUSD candlestick was a big bull bar closing in its upper half with a prominent tail above.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/weak-eurusd-breakout\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last month<\/a>, we said traders would see if the bulls could get a strong entry bar with follow-through buying, or if the market would continue to stall sideways, forming a retest of the prior leg extreme low (Jan 13) followed by a breakout instead.<\/li>\n\n\n\n<li>The bulls got a strong bull entry bar closing above the 20-month EMA. April traded higher testing near the trading range high.<\/li>\n\n\n\n<li>They see the move down to the January 13 low as a sell vacuum and a bear leg within a trading range. They want a failed breakout below the trading range.<\/li>\n\n\n\n<li>They got a reversal from a large double bottom bull flag (Oct 3 and Jan 13) and a wedge (Oct 23, Nov 22, and Jan 13).<\/li>\n\n\n\n<li>They want a retest of the top of the trading range followed by a breakout above.<\/li>\n\n\n\n<li>They need to create strong consecutive bull bars to increase the odds of a breakout above.<\/li>\n\n\n\n<li>The bears see the current move as a bull leg and a buy vacuum within the trading range.<\/li>\n\n\n\n<li>They hope that the upper third of the trading range will act as resistance.<\/li>\n\n\n\n<li>If the market trades above the September or July high, they want a failed breakout followed by a retest of the middle of the trading range.<\/li>\n\n\n\n<li>So far, the bulls got a retest near the top of the trading range.<\/li>\n\n\n\n<li>As strong as the move is, it could still be a bull leg and a buy vacuum within the trading range.<\/li>\n\n\n\n<li>Traders will BLSH (Buy Low, Sell High) within the trading range until a strong breakout from either direction with sustained follow-through buying\/selling.<\/li>\n\n\n\n<li>That means buying in the lower third and selling in the upper third of the trading range.<\/li>\n\n\n\n<li>For now, traders will see if the bulls can get a strong follow-through bull bar in April.<\/li>\n\n\n\n<li>Or will the market stall near the trading range high area and close the April candlestick with a long tail or a bear body instead?<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Weekly<\/em> EURUSD chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/EURUSD-Weekly-Retest-TR-High-Long-Tail-Above.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/EURUSD-Weekly-Retest-TR-High-Long-Tail-Above-680x383.jpg\" alt=\"EURUSD Weekly - Retest TR High, Long Tail Above\" class=\"wp-image-234133\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/EURUSD-Weekly-Retest-TR-High-Long-Tail-Above-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/EURUSD-Weekly-Retest-TR-High-Long-Tail-Above-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/EURUSD-Weekly-Retest-TR-High-Long-Tail-Above-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/EURUSD-Weekly-Retest-TR-High-Long-Tail-Above.jpg 1280w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li>This\u00a0week\u2019s\u00a0candlestick on the\u00a0<a href=\"https:\/\/www.investing.com\/currencies\/eur-usd\" target=\"_blank\" rel=\"noreferrer noopener\">weekly EURUSD Forex chart<\/a> was a bull bar closing below the middle of its range with a long tail above.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/weekly-weak-eurusd-pullback\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would see if the bulls could create a strong follow-through bull bar to retest the March 18 high, or if the market would attempt to trade higher but lack strong follow-through buying, closing with a long tail above or a bear body instead.<\/li>\n\n\n\n<li>The bulls want a retest of the top of the trading range (Aug\/Sep highs). They got what they wanted.<\/li>\n\n\n\n<li>They hope to get a strong breakout above the top of the trading range followed by a measured move based on the height of the trading range.<\/li>\n\n\n\n<li>They want any pullback to be weak and sideways (overlapping candlesticks, doji(s), bull bars, long tails below candlesticks).<\/li>\n\n\n\n<li>The bears hope the market will stall around the upper third of the trading range.<\/li>\n\n\n\n<li>They see the current move as a buy vacuum and a bull leg within the trading range.<\/li>\n\n\n\n<li>They want the August\/September highs to act as resistance.<\/li>\n\n\n\n<li>Since this week\u2019s candlestick is a bull bar with a long tail above, it is not a strong buy signal bar (long tail above).<\/li>\n\n\n\n<li>Traders buying here could be buying near the upper third of the trading range which is not an ideal setup.<\/li>\n\n\n\n<li>As strong as the current move is, it could still be a bull leg and a buy vacuum within the trading range.<\/li>\n\n\n\n<li>For now, traders will see if the bulls can continue to create follow-through buying to retest near the August\/September highs area.<\/li>\n\n\n\n<li>Or will the market stall around the upper third of the trading range and form bear bars in the weeks ahead instead?<\/li>\n\n\n\n<li>The market is trading around the upper third of the trading range which could be the sell zone of trading range traders.<\/li>\n\n\n\n<li>Traders will BLSH (Buy Low, Sell High) within the trading range until there is a breakout from either direction with sustained follow-through buying\/selling.<\/li>\n\n\n\n<li>That means buying in the lower third and selling in the upper third of the trading range.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Market analysis reports archive<\/h3>\n\n\n\n<p>You can access all weekend reports on the <a rel=\"noreferrer noopener\" class=\"rank-math-link\" href=\"https:\/\/www.brookstradingcourse.com\/blog\/analysis\/\" target=\"_blank\">Market Analysis<\/a> page.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Market Overview: EURUSD Forex The market formed a EURUSD retest of the trading range high this week. The bears see the current move as a bull leg and a buy vacuum within the trading range. They hope that the upper third of the trading range will act as resistance. The bulls want a retest of [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":234133,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"shadow","_genesis_layout":"","footnotes":""},"categories":[1842,136],"tags":[281],"class_list":{"0":"post-233989","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-forex","8":"category-analysis","9":"tag-eurusd-forex","10":"entry","11":"override","12":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/EURUSD-Weekly-Retest-TR-High-Long-Tail-Above.jpg","author_info":{"display_name":"Andrew","author_link":"https:\/\/www.brookstradingcourse.com\/es\/author\/andrewa\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/233989","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/users\/2836"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/comments?post=233989"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/233989\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/234133"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=233989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=233989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=233989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}