EUR/USD Technical Analysis: RSI Divergence Flags Reversal Risk

EUR/USD price action continues to stall beneath a well-defined resistance band, with the pair unable to sustain closes above its 50-day moving average despite repeated attempts. The daily RSI is printing lower highs even as price posts higher highs, a classic bearish divergence signal that often precedes short-term pullbacks.

MACD histogram momentum has flattened, hinting at fading buying pressure. A confirmed break below the nearest swing-low support would open the door toward the 38.2% Fibonacci retracement of the recent leg higher, a zone many technical traders are watching as the first real test of demand.

Broader dollar sentiment, stirred by ongoing U.S. trade policy friction, adds volatility risk to any breakout attempt in either direction.