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Feb 16, 2026
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EUR/USD Chart on the hourtly time frameThe pair is trading within a slightly bearish range after failing to hold above a short-term descending trendline. It is currently hovering around 1.1860 with weakening momentum. The MACD remains in negative territory, reflecting ongoing short-term selling pressure. A move above 1.1885 could trigger a corrective rebound, while a break below 1.1835 may accelerate losses. Overall Bias: Neutral to bearish Outlook: A break below support reinforces downside risk, while recovery above 1.1910 may restore temporary bullish momentum.
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