EURUSD is currently approaching a key resistance level after a strong upward move. Price action is showing signs of exhaustion, and bearish signals are beginning to emerge. If the pair fails to break above the resistance and confirms a rejection, we may see a short-term pullback or a potential trend reversal.
A clean break below the recent support zone could provide a short opportunity, with possible downside targets near previous lows. As always, proper risk management is essential, especially in high-volatility conditions.
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Key Technical Points:
Price nearing a strong resistance zone
Bearish candlestick formation / divergence (if applicable)
Wait for confirmation before entering a short position
🔒 This is a trade idea for educational purposes only — not financial advice.
A clean break below the recent support zone could provide a short opportunity, with possible downside targets near previous lows. As always, proper risk management is essential, especially in high-volatility conditions.
---
Key Technical Points:
Price nearing a strong resistance zone
Bearish candlestick formation / divergence (if applicable)
Wait for confirmation before entering a short position
🔒 This is a trade idea for educational purposes only — not financial advice.
FX|GOLD|CRYPTO| Clean Charts, Sniper Signals & Smart Risk Management. Telegram t.me/smarttrading072
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
FX|GOLD|CRYPTO| Clean Charts, Sniper Signals & Smart Risk Management. Telegram t.me/smarttrading072
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.