{"id":241428,"date":"2025-06-22T01:30:00","date_gmt":"2025-06-22T08:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=241428"},"modified":"2025-06-21T12:27:18","modified_gmt":"2025-06-21T19:27:18","slug":"eurusd-bulls-need-a-strong-breakout","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/eurusd-bulls-need-a-strong-breakout\/","title":{"rendered":"EURUSD Bulls Need a Strong Breakout"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: EURUSD Forex<\/h2>\n\n\n\n<p>The EURUSD bulls need a strong breakout with sustained follow-through buying above the April 21 high. The bears want a reversal from a higher high major trend reversal and a wedge pattern (Mar 18, Apr 21, and Jun 12).<\/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>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\/06\/EURUSD-Weekly-6-Bar-Bull-Microchannel-Bears-Want-HH-MTR.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/06\/EURUSD-Weekly-6-Bar-Bull-Microchannel-Bears-Want-HH-MTR-680x383.jpg\" alt=\"EURUSD Weekly - 6-Bar Bull Microchannel, Bears Want HH MTR, EURUSD Bulls Need a Strong Breakout\" class=\"wp-image-241647\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/06\/EURUSD-Weekly-6-Bar-Bull-Microchannel-Bears-Want-HH-MTR-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/06\/EURUSD-Weekly-6-Bar-Bull-Microchannel-Bears-Want-HH-MTR-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/06\/EURUSD-Weekly-6-Bar-Bull-Microchannel-Bears-Want-HH-MTR-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/06\/EURUSD-Weekly-6-Bar-Bull-Microchannel-Bears-Want-HH-MTR-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/06\/EURUSD-Weekly-6-Bar-Bull-Microchannel-Bears-Want-HH-MTR.jpg 1920w\" 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 candlestick on the\u00a0<a href=\"https:\/\/www.investing.com\/currencies\/eur-usd\" target=\"_blank\" rel=\"noreferrer noopener\">weekly EURUSD Forex chart<\/a> was an inside doji closing around the middle of its range.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/eurusd-bulls-want-a-strong-breakout\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would see if the bulls could create more follow-through buying trading above the April 21 high, or if the follow-through buying would be weak and the market stall around the April 21 high instead.<\/li>\n\n\n\n<li>The market traded sideways for the week overlapping within last week\u2019s range.<\/li>\n\n\n\n<li>The bears see the current move as a retest of the April 21 high and want a reversal from a higher high major trend reversal and a wedge pattern (Mar 18, Apr 21, and Jun 12).<\/li>\n\n\n\n<li>They want a failed breakout followed by a retest of the middle of the trading range.<\/li>\n\n\n\n<li>They must create strong bear bars with sustained follow-through selling to show they are back in control.<\/li>\n\n\n\n<li>The bulls got a retest of the April 21 high and want a strong breakout and a measured move based on the height of the trading range. That would take the market to the 2021 high area.<\/li>\n\n\n\n<li>They want another big leg up to complete the wedge pattern, with the first two legs being March 18 and April 21. The third leg is currently underway.<\/li>\n\n\n\n<li>The current leg is in a 6-bar bull microchannel which means persistent buying. There may be buyers below the first pullback.<\/li>\n\n\n\n<li>The bulls want any pullback to be brief and sideways followed by a strong retest of the Jun 12 high.<\/li>\n\n\n\n<li>If there is a deeper pullback, they want the 20-week EMA or the May 12 low to act as support, forming a double bottom bull flag.<\/li>\n\n\n\n<li>The move up (Jun 12) is in a tight bull channel with stronger buying pressure (big bull bars, consecutive bull bars) as compared to the weaker selling pressure (bear bars with limited follow-through selling).<\/li>\n\n\n\n<li>The current leg up formed a 6-bar bull microchannel which means persistent buying.<\/li>\n\n\n\n<li>Most breakouts from trading ranges fail. Markets have inertia and tend to continue what they have been doing.<\/li>\n\n\n\n<li>That means trading ranges (and trends) are resistant to change and tend to continue.<\/li>\n\n\n\n<li>The bulls must create strong follow-through buying breaking above the April 21 high to increase the odds of a successful breakout.<\/li>\n\n\n\n<li>If the market continues to stall around the April 21 high area over the next few weeks, the odds of a higher high major trend reversal will increase.<\/li>\n\n\n\n<li>For now, traders will see if the bulls can create more follow-through buying trading above the April 21 high. If there is a pullback, traders will see if there are buyers below the first pullback followed by a retest of the Jun 12 high.<\/li>\n\n\n\n<li>Or will the bears be able to create strong bear bars in the weeks ahead instead?<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Daily<\/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\/06\/EURUSD-Daily-Bulls-Want-Strong-BO-Need-FT-Buying.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/06\/EURUSD-Daily-Bulls-Want-Strong-BO-Need-FT-Buying-680x383.jpg\" alt=\"EURUSD Daily - Bulls Want Strong BO, Need FT Buying\" class=\"wp-image-241650\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/06\/EURUSD-Daily-Bulls-Want-Strong-BO-Need-FT-Buying-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/06\/EURUSD-Daily-Bulls-Want-Strong-BO-Need-FT-Buying-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/06\/EURUSD-Daily-Bulls-Want-Strong-BO-Need-FT-Buying-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/06\/EURUSD-Daily-Bulls-Want-Strong-BO-Need-FT-Buying-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/06\/EURUSD-Daily-Bulls-Want-Strong-BO-Need-FT-Buying.jpg 1920w\" 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 EURUSD traded sideways for the week. Thursday formed a pullback near the 20-day EMA, but the follow-through selling was limited.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/eurusd-bulls-want-a-strong-breakout\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would see if the bulls could create strong follow-through buying trading above the April 21 high, or if the market would stall around the April 21 high followed by a TBTL (Ten Bars, Two Legs) pullback instead.<\/li>\n\n\n\n<li>The bears see the current move as a retest of the prior high (Apr 21) and want it to form a higher high major trend reversal.<\/li>\n\n\n\n<li>They want a reversal from a large wedge pattern (Mar 18, Apr 21, and Jun 12), a smaller wedge bear flag in the third leg up (May 21, Jun 5, and Jun 12) and a double top with the Jun 12 high.<\/li>\n\n\n\n<li>They want a failed breakout followed by a retest of the middle of the trading range.<\/li>\n\n\n\n<li>They need to create strong consecutive bear bars breaking below the wedge bear flag (May 21, Jun 5, and Jun 12) to show they are back in control.<\/li>\n\n\n\n<li>The bulls want a strong breakout above the April 21 high, followed by a measured move based on the height of the trading range. That would take the market to near the 2021 high area.<\/li>\n\n\n\n<li>They want the third leg up to complete the large wedge pattern, with the first two legs being March 18 and April 21. The third leg up is currently underway.<\/li>\n\n\n\n<li>They need to create strong consecutive bull bars closing near their highs trading above the April 21 high to increase the odds of a successful breakout.<\/li>\n\n\n\n<li>If the market trades lower, they want the 20-day EMA or the May 29 low to act as support, forming a large double bottom bull flag.<\/li>\n\n\n\n<li>So far, the retest of the April 21 high has overlapping candlesticks which indicates the bulls are not as strong as the prior legs up.<\/li>\n\n\n\n<li>If this continues to be the case, the odds of a deeper pullback will increase.<\/li>\n\n\n\n<li>While the move is strong, it could still be a bull leg and a buy vacuum in the trading range.<\/li>\n\n\n\n<li>Markets have inertia, and odds slightly favor the trading range to continue.<\/li>\n\n\n\n<li>The bulls must create sustained follow-through buying above the April 21 high to increase the odds of a successful breakout and a measured move.<\/li>\n\n\n\n<li>For now, traders will see if the bulls can create strong follow-through buying trading above the April 21 high.<\/li>\n\n\n\n<li>Or will the market stall around the April 21 high followed by a TBTL (Ten Bars, Two Legs) pullback instead?<\/li>\n\n\n\n<li>If a pullback forms but is weak and trading mostly sideways (perhaps holding above the 20-day EMA), the odds of another leg up will increase after that.<\/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 EURUSD bulls need a strong breakout with sustained follow-through buying above the April 21 high. The bears want a reversal from a higher high major trend reversal and a wedge pattern (Mar 18, Apr 21, and Jun 12). EURUSD Forex market The Weekly EURUSD chart The Daily EURUSD chart Market [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":241647,"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-241428","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\/06\/EURUSD-Weekly-6-Bar-Bull-Microchannel-Bears-Want-HH-MTR.jpg","author_info":{"display_name":"Andrew","author_link":"https:\/\/www.brookstradingcourse.com\/pt-br\/author\/andrewa\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/241428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/users\/2836"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/comments?post=241428"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/241428\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/241647"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=241428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=241428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=241428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}