Signal EURUSD Buy — M5 - June 23, 2026 19:04 GMT-4
On the EUR/USD M5 chart the market has been carving a descending channel from the 1.149 area down to the 1.138 low. The most recent three candles (1.13792‑1.13802, 1.138‑1.13807, 1.13799‑1.13801) are small bullish bars that sit just above the prior swing low of 1.1380, suggesting the downtrend is losing steam. Volume has contracted sharply after a strong 671‑tick surge on the 1.14312 swing, indicating reduced selling pressure and a potential accumulation phase near the support zone. Technical support now rests around 1.1378‑1.1380, while the next resistance lies near the 1.140‑1.141 range, the latter being the last significant high before the…