EUR/USD Stalls Near 1.1450 as Bearish Flag Signals Further Downside

EUR/USD consolidates around 1.1440-1.1450 after repeated failures at 1.1475-1.1500 resistance. The pair spiked to 1.1472 following weak July 3 US NFP data but quickly reversed, forming a bearish flag that broke down on July 12. Geopolitical US-Iran tensions have supported safe-haven USD demand while the 20-day EMA at 1.1460 continues to limit gains. UOB analysis confirms a 1.1360-1.1450 range with increasing downside pressure unless resistance is reclaimed.