EURUSD enters today’s session under renewed downside pressure as broad USD strength continues to shape the near-term macro landscape. Price action remains sensitive to movements in the Dollar Index and U.S. yields, with the pair struggling to sustain upside momentum while risk sentiment stays mixed. From a tactical standpoint, the setup favors selling rallies into resistance, with intraday levels and momentum structure supporting a continuation bias unless the market sees a clear shift in USD direction. EURUSD Trade Setup: Pair / Asset Bias & Entries Stop / Invalidation Targets Why A+ (Fundamentals, Technicals, Sentiment) Price Action Driver Near-term catalysts (UK time) EURUSD SHORT – Sell rallies into 1.1760 – 1.1785 (or breakdown sell < 1.1738 on retest failure) Invalidation above 1.1815 (sustained reclaim) T1: 1.1710 T2: 1.1675 Fundamentals: DXY is bid and pressing higher while US10Y is not collapsing, which keeps USD supported. Technicals: Pair already weak, consistent with DXY breakout pressure. Sentiment: Risk tone is mixed (VIX >20), which often limits clean EUR upside and supports USD demand. DXY first, then US yields / broad risk tone Friday 20th Feb: 07:00 – 10:00: Europe/UK data window (headline risk for EUR). 13:30 – 15:00: US data/US session macro window (USD impulse likely). Chart by TradingView – EURUSD Trade Setup – 20th Feb Conclusion The current EURUSD setup remains bearish while the U.S. dollar retains underlying strength and price continues to reject higher levels. A disciplined approach is key: focus on clean entries at resistance or confirmed breakdown retests, and stay alert to U.S. session catalysts that could accelerate momentum in either direction. If the dollar softens materially or EURUSD reclaims key resistance, the bearish view should be reassessed, but for now, the path of least resistance remains lower. This analysis is for informational purposes only and does not constitute investment advice. Trading involves risk; manage exposure accordingly. For similar FX Trade Setups please visit our FX Trade Ideas page. Please visit our Disclaimer page. Disclaimer Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. TerraBullMarkets.com does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets or any financial instrument involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of TerraBullMarkets.com nor any of its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page. TerraBullMarkets.com and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. TerraBullMarkets.com and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted. The author and TerraBullMarkets.com are not registered investment advisors and nothing in this article is intended to be investment advice. TerraBullMarkets...
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