EURUSD Analysis, August 15, 2025
EURUSD on the M15 timeframe: After a significant decline, the price began a consolidation phase, followed by a pullback towards the resistance zone. This pullback was quite orderly, forming a series of consecutive bullish candles, indicating buyers' efforts to push the price back up. However, this pullback peaked right at the aforementioned resistance area, which also serves as the intersection of the supply zone and the moving averages. The fact that the price stopped at this area indicates that selling pressure is starting to strengthen again. A sell entry can be made around or slightly below the resistance, with a stop-loss placed above the green area to prevent a false breakout. Profit targets can be directed towards the strong support area that has formed previously, or at least to the nearest low.
