{"id":265731,"date":"2026-03-22T01:30:00","date_gmt":"2026-03-22T08:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=265731"},"modified":"2026-03-22T01:49:53","modified_gmt":"2026-03-22T08:49:53","slug":"no-breakout-below-the-eurusd-august-low","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/no-breakout-below-the-eurusd-august-low\/","title":{"rendered":"No Breakout Below the EURUSD August low"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: EURUSD Forex<\/h2>\n\n\n\n<p>There was no breakout below the <strong>EURUSD <\/strong>August low this week. Bulls see the market forming a two-bar reversal and a large double bottom bull flag (August 1 and March 13). Bears see this week as a pullback and want a retest of the March 13 low, followed by a strong breakout.<\/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\/2026\/03\/EURUSD-Weekly-No-Breakout-Below-the-August-Low.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/EURUSD-Weekly-No-Breakout-Below-the-August-Low-680x383.jpg\" alt=\"EURUSD Weekly - No Breakout Below the August Low, No Breakout Below the EURUSD August low\" class=\"wp-image-265848\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/EURUSD-Weekly-No-Breakout-Below-the-August-Low-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/EURUSD-Weekly-No-Breakout-Below-the-August-Low-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/EURUSD-Weekly-No-Breakout-Below-the-August-Low-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/EURUSD-Weekly-No-Breakout-Below-the-August-Low-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/EURUSD-Weekly-No-Breakout-Below-the-August-Low.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 week\u2019s EURUSD candlestick is an inside bull bar closing in its upper half, with a small tail above.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/weekly-eurusd-strong-bear-leg\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would watch whether bears could create a strong breakout with sustained follow-through below the August low, or if any breakout attempt would stall near the trading range low.<\/li>\n\n\n\n<li>So far, there is no breakout below the August low, and the market remains in the trading range.<\/li>\n\n\n\n<li>Bulls see the recent move (March 13) as a sell vacuum test of the trading range low.<\/li>\n\n\n\n<li>They want the August low area to hold as support.<\/li>\n\n\n\n<li>Bulls see the market forming a two-bar reversal and a large double bottom bull flag (August 1 and March 13).<\/li>\n\n\n\n<li>Bulls need consecutive strong bull bars to show they have regained control.<\/li>\n\n\n\n<li>If the market retests the recent low, they want a higher low relative to March 13 low.<\/li>\n\n\n\n<li>If the market breaks below the trading range low, bulls want the move to be brief and lack follow-through, resulting in a failed breakout.<\/li>\n\n\n\n<li>Bears got a reversal from a wedge top (July 1, September 17, and January 27) and a trend channel line overshoot (January 27).<\/li>\n\n\n\n<li>The bear leg consists of a 6-bar bear microchannel, indicating persistent selling.<\/li>\n\n\n\n<li>There could be sellers on the first pullback above the bear microchannel.<\/li>\n\n\n\n<li>Bears see this week as a pullback and want a retest of the March 13 low, followed by a strong breakout.<\/li>\n\n\n\n<li>Bears want a strong breakout below the 40-week trading range, followed by a measured move based on the height of the range, projecting to the May 12 low area.<\/li>\n\n\n\n<li>If the market trades higher, bears want the 20-week EMA to act as resistance, forming a lower high followed by a second leg sideways to down.<\/li>\n\n\n\n<li>Bears need consecutive bear bars closing near their lows and breaking strongly below the August low to show control.<\/li>\n\n\n\n<li>The market may have flipped into Always In Short.<\/li>\n\n\n\n<li>Price remains within the 40-week trading range. Until there is a clear breakout with strong follow-through, traders may continue to Buy Low, Sell High (BLSH), buying near the lower third and selling near the upper third.<\/li>\n\n\n\n<li>The middle of the trading range can be an area of balance and a magnet \u2014 currently around the 20-week EMA.<\/li>\n\n\n\n<li>Traders will watch whether there are sellers on the first pullback above the 6-bar bear microchannel and whether the 20-week EMA acts as resistance, followed by a retest of the March 13 leg low.<\/li>\n\n\n\n<li>Or will bulls instead create strong bull bars above the 20-week EMA in the weeks ahead?<\/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\/2026\/03\/EURUSD-Daily-Pullback-to-20-Day-EMA-Trading-Range.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/EURUSD-Daily-Pullback-to-20-Day-EMA-Trading-Range-680x383.jpg\" alt=\"EURUSD Daily - Pullback to 20-Day EMA, Trading Range\" class=\"wp-image-265849\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/EURUSD-Daily-Pullback-to-20-Day-EMA-Trading-Range-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/EURUSD-Daily-Pullback-to-20-Day-EMA-Trading-Range-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/EURUSD-Daily-Pullback-to-20-Day-EMA-Trading-Range-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/EURUSD-Daily-Pullback-to-20-Day-EMA-Trading-Range-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/EURUSD-Daily-Pullback-to-20-Day-EMA-Trading-Range.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>EURUSD formed a two-legged sideways to up pullback, retesting the 20-day EMA this week.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/weekly-eurusd-strong-bear-leg\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would watch whether bears could generate a strong breakout with sustained follow-through below the August low, or if a break below would stall and lead to a retest of the 20-day EMA.<\/li>\n\n\n\n<li>This week, there was no follow-through selling breaking below the August low.<\/li>\n\n\n\n<li>Bears created a strong bear leg testing the trading range low.<\/li>\n\n\n\n<li>The leg had relatively small pullbacks and formed a tight bear channel, indicating persistent selling.<\/li>\n\n\n\n<li>Bears see the current move as a pullback and want at least a small sideways to down leg retesting the March 13 low.<\/li>\n\n\n\n<li>Bears want a strong breakout below the 40-week trading range, followed by a measured move based on the range height, projecting to the May 12 low area.<\/li>\n\n\n\n<li>Bears want the 20-day EMA or the March 10 high to act as resistance, forming a lower high and a double top bear flag (March 10 and March 19).<\/li>\n\n\n\n<li>Bulls want the August low to hold as support.<\/li>\n\n\n\n<li>They see the recent move as a sell vacuum test of the trading range low.<\/li>\n\n\n\n<li>Bulls see three consecutive sell climaxes (February 2, March 3, and March 13) and expected at least a two-legged sideways to up pullback to the 20-day EMA, which occurred this week.<\/li>\n\n\n\n<li>Bulls see the market forming a large double bottom bull flag (August 1 and March 13) and want a retest of the trading range high.<\/li>\n\n\n\n<li>Bulls need consecutive strong bull bars closing near their highs and trading above the 20-day EMA and the bear trend line to show control.<\/li>\n\n\n\n<li>If the market retests the March 13 low, bulls want a higher low.<\/li>\n\n\n\n<li>If the market breaks below the trading range, bulls want the move to be brief and lack follow-through, resulting in a failed breakout.<\/li>\n\n\n\n<li>The market may have flipped into Always In Short.<\/li>\n\n\n\n<li>EURUSD remains in a trading range. Until there is a strong breakout with sustained follow-through, traders may continue to Buy Low, Sell High (BLSH), buying near the lower third and selling near the upper third of the range.<\/li>\n\n\n\n<li>Traders are watching the strength of the current pullback\u2014whether it is strong (consecutive bull bars closing near their highs and breaking clearly above the 20-day EMA and trend line) or weak (overlapping bars with prominent upper tails, stalling below the March 10 high or around the 20-day EMA).<\/li>\n\n\n\n<li>For now, traders will watch whether bears can create a strong retest and breakout below the August low, or whether the market continues to stall near the trading range low, followed by strong buying above the 20-day EMA in the weeks ahead.<\/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 There was no breakout below the EURUSD August low this week. Bulls see the market forming a two-bar reversal and a large double bottom bull flag (August 1 and March 13). Bears see this week as a pullback and want a retest of the March 13 low, followed by a strong [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":265848,"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-265731","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\/2026\/03\/EURUSD-Weekly-No-Breakout-Below-the-August-Low.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\/265731","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=265731"}],"version-history":[{"count":3,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/265731\/revisions"}],"predecessor-version":[{"id":265854,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/265731\/revisions\/265854"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/265848"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=265731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=265731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=265731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}