{"id":271183,"date":"2026-06-07T01:30:00","date_gmt":"2026-06-07T08:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=271183"},"modified":"2026-06-07T00:22:50","modified_gmt":"2026-06-07T07:22:50","slug":"eurusd-formed-a-bear-leg-within-the-trading-range","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/eurusd-formed-a-bear-leg-within-the-trading-range\/","title":{"rendered":"EURUSD Formed a Bear Leg Within the Trading Range"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: EURUSD Forex<\/h2>\n\n\n\n<p>EURUSD formed a bear leg within the trading range. Bulls want the lower third of the trading range or the March 13 low area to provide support. Bears want a retest and breakout below the trading range low, followed by a measured move based on the height of the trading range.<\/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\/06\/EURUSD-Weekly-Bear-Leg-Within-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\/06\/EURUSD-Weekly-Bear-Leg-Within-Trading-Range-680x383.jpg\" alt=\"EURUSD Weekly - Bear Leg Within Trading Range, EURUSD Formed a Bear Leg Within the Trading Range\" class=\"wp-image-271264\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/06\/EURUSD-Weekly-Bear-Leg-Within-Trading-Range-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/06\/EURUSD-Weekly-Bear-Leg-Within-Trading-Range-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/06\/EURUSD-Weekly-Bear-Leg-Within-Trading-Range-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/06\/EURUSD-Weekly-Bear-Leg-Within-Trading-Range-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/06\/EURUSD-Weekly-Bear-Leg-Within-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>This week formed a bear bar closing near its low.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/eurusd-inside-bar-in-the-middle-of-the-trading-range\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would watch whether bears could generate strong follow-through selling below the 20-week EMA or whether the move would remain weak and sideways, closing with long lower tails or bull bodies.<\/li>\n\n\n\n<li>Bulls view the current move as a pullback forming a wedge bull flag (April 30, May 21, and Jun 5) and a retest of the trading range low.<\/li>\n\n\n\n<li>Bulls want the lower third of the trading range or the March 13 low area to provide support.<\/li>\n\n\n\n<li>Bulls need to create strong bull bars above the 20-week EMA to demonstrate control.<\/li>\n\n\n\n<li>Bears want a reversal from a lower high major trend reversal (April 17) and a head and shoulders top (September 17, January 27, and April 17).<\/li>\n\n\n\n<li>Bears want a retest and breakout below the trading range low, followed by a measured move based on the height of the trading range.<\/li>\n\n\n\n<li>If the market trades higher, bears want the 20-week EMA to act as resistance.<\/li>\n\n\n\n<li>Bears need to create strong follow-through selling to increase the odds of reaching the trading range low.<\/li>\n\n\n\n<li>The market has traded near the middle of the trading range (around the 20-week EMA) in recent weeks.<\/li>\n\n\n\n<li>The middle of the range is an area of balance and often acts as a magnet.<\/li>\n\n\n\n<li>EURUSD traded lower this week, testing the lower third of the trading range.<\/li>\n\n\n\n<li>Traders will watch whether bears can generate strong follow-through selling to increase the odds of a test and breakout below the trading range low.<\/li>\n\n\n\n<li>Or whether the market trades slightly lower but lacks follow-through, closing with long lower tails or bull bodies.<\/li>\n\n\n\n<li>Price remains within the 53-week trading range. Until there is a clear breakout with strong follow-through, traders may continue to Buy Low, Sell High (BLSH)\u2014buying near the lower third and selling near the upper third of the range.<\/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\/06\/EURUSD-Daily-Bear-Leg-Third-Push-Down.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/06\/EURUSD-Daily-Bear-Leg-Third-Push-Down-680x383.jpg\" alt=\"EURUSD Daily - Bear Leg, Third Push Down\" class=\"wp-image-271265\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/06\/EURUSD-Daily-Bear-Leg-Third-Push-Down-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/06\/EURUSD-Daily-Bear-Leg-Third-Push-Down-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/06\/EURUSD-Daily-Bear-Leg-Third-Push-Down-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/06\/EURUSD-Daily-Bear-Leg-Third-Push-Down-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/06\/EURUSD-Daily-Bear-Leg-Third-Push-Down.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 traded sideways to down for most of the week. Friday formed a big bear bar testing the April 6 low.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/eurusd-bears-need-strong-follow-through-selling\/\" target=\"_blank\" rel=\"noreferrer noopener\">Previously<\/a>, we said traders would watch whether bears could create strong follow-through selling to test near the trading range low or whether the move would stall around the lower third of the trading range, followed by another leg up above the 20-day EMA.<\/li>\n\n\n\n<li>Bears want a reversal from a lower high major trend reversal (April 17) and a double top bear flag (February 23 and April 17).<\/li>\n\n\n\n<li>Bears want a retest of the trading range low (March 13), followed by a breakout and a measured move based on the height of the trading range.<\/li>\n\n\n\n<li>Bears need to create consecutive bear bars closing near their lows to increase the odds of a breakout below the trading range.<\/li>\n\n\n\n<li>If the market trades higher, bears want the 20-day EMA or the May 29 high to act as resistance, forming another lower high.<\/li>\n\n\n\n<li>Bulls view the current move as a pullback forming a wedge bull flag (April 30, May 21, and Jun 5).<\/li>\n\n\n\n<li>Bulls want the move to have poor follow-through, forming long lower tails and bull bodies.<\/li>\n\n\n\n<li>Bulls want the April 6 low or the trading range low to hold as support.<\/li>\n\n\n\n<li>Bulls need consecutive bull bars closing near their highs and trading above the 20-day EMA to show control.<\/li>\n\n\n\n<li>The market is currently trading lower and away from the middle of the trading range.<\/li>\n\n\n\n<li>The market could still trade slightly lower next week.<\/li>\n\n\n\n<li>Traders will watch whether bears can create strong follow-through selling to test near the trading range low.<\/li>\n\n\n\n<li>Or whether the market trades slightly lower but lacks follow-through, forming overlapping candlesticks and bull bars with prominent lower tails.<\/li>\n\n\n\n<li>The middle of the range is an area of balance and often acts as a magnet.<\/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)\u2014buying near the lower third and selling near the upper third of the 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 EURUSD formed a bear leg within the trading range. Bulls want the lower third of the trading range or the March 13 low area to provide support. Bears want a retest and breakout below the trading range low, followed by a measured move based on the height of the trading range. [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":271264,"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-271183","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\/06\/EURUSD-Weekly-Bear-Leg-Within-Trading-Range.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\/271183","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=271183"}],"version-history":[{"count":4,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/271183\/revisions"}],"predecessor-version":[{"id":271303,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/271183\/revisions\/271303"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/271264"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=271183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=271183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=271183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}