Updated Weekly EUR/USD Outlook Analysis

The EUR/USD has maintained a tight consolidation above 1.1323 over the past week, with an unchanged outlook remaining consistent. The bias stays cautiously neutral this week, supported by intact 1.1499 resistance levels. A break below this surface is anticipated to continue the downward trajectory from its previous peak of 1.2081.

Likewise, a critical splitting below 1.1323 may reignite the decline toward the reference level. On the upside, a confirmation at 1.1499 could reorient bias back into the positive space for 55 DEMA, currently hovering around 1.1559. Signal clarity is expected when the 1.1639 resistance emerges.

The broader market will likely continue its focus on the 38.2% retracement toward 1.0176, followed by a potential 61.8% pullback at 1.0904. A strong rebound from 1.1353, supported by a break at resistance around 1.1621, will help sustain medium-term bullish momentum.

Key visuals from recent sessions include supporting and resisting levels that have shaped the current trend landscape, reinforcing the importance of monitoring these technical indicators closely.

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