Alex Dudov
EUR/USD is compressing under a key intraday level, and with volatility expected to pick up during the early New York session, the market is approaching a zone where short-term liquidity might get taken before any directional move plays out.
EUR/USD Traders Brace for Intraday Move as Liquidity Builds
The 15-minute chart shows EURUSD in a tight structure after pulling back from a higher supply region. Several attempts to push higher were rejected, creating upper wicks that show buyers couldn't sustain momentum. Following that rejection, EURUSD has been making lower highs, reflecting weakening upside drive and increasing odds of a downside continuation.
According to B Trader, the chart highlights a small liquidity cluster just above current price, marked with an "X"—that's likely where buy-side stops are sitting.
The drawn arrow suggests a short rally into this zone before the market reverses sharply lower. The final arrow points to a bearish continuation targeting 1.1520, lining up with the last major swing low and acting as structural support.
Why This Setup Matters and Key Levels to Watch
Traders may be positioning ahead of upcoming U.S. economic releases, supporting renewed USD strength, while soft data from Europe continues weighing on the euro, reinforcing bearish pressure on EUR/USD. The early New York session frequently triggers volatility as institutional flows meet overnight positioning.
Key levels: 1.1540–1.1545 is where liquidity might get swept, with a spike potentially triggering reversal conditions. Below that, 1.1520 is major support and the projected bearish target. On the upside, 1.1555–1.1560 is strong supply where earlier attempts failed.
Alex Dudov
