EUR/USD Price Action Update
📊 Pair: EUR/USD
⏳ Timeframe: 15-Minute Chart
📈 Current Trend: Volatile with Mixed Signals
The EUR/USD pair is currently fluctuating within a tight range, facing resistance near 1.0885-1.0890 and support around 1.0870. Recent price action shows a rejection from higher levels, indicating possible selling pressure. However, strong buying volume could lead to a breakout.
🔍 Key Levels to Watch:
Resistance: 1.0890 / 1.0900
Support: 1.0870 / 1.0855
📌 Trading Outlook:
Bullish Scenario: A breakout above 1.0890 could push the price toward 1.0905-1.0920.
Bearish Scenario: If the price drops below 1.0870, expect further downside toward 1.0855-1.0845.
📢 Recommendation: Wait for confirmation near key levels before entering a trade. Watch price action and volume for stronger signals.
🚀 What’s Next?
If bullish momentum increases, EUR/USD could test new highs. Otherwise, a breakdown below support could lead to a short-term bearish move.
📊 Pair: EUR/USD
⏳ Timeframe: 15-Minute Chart
📈 Current Trend: Volatile with Mixed Signals
The EUR/USD pair is currently fluctuating within a tight range, facing resistance near 1.0885-1.0890 and support around 1.0870. Recent price action shows a rejection from higher levels, indicating possible selling pressure. However, strong buying volume could lead to a breakout.
🔍 Key Levels to Watch:
Resistance: 1.0890 / 1.0900
Support: 1.0870 / 1.0855
📌 Trading Outlook:
Bullish Scenario: A breakout above 1.0890 could push the price toward 1.0905-1.0920.
Bearish Scenario: If the price drops below 1.0870, expect further downside toward 1.0855-1.0845.
📢 Recommendation: Wait for confirmation near key levels before entering a trade. Watch price action and volume for stronger signals.
🚀 What’s Next?
If bullish momentum increases, EUR/USD could test new highs. Otherwise, a breakdown below support could lead to a short-term bearish move.
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.
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.