CHART BREAKDOWN EURUSD: Key Levels, Targets and Thoughts!🎯
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Brief Description🖊️:
The chart provides insights into critical market levels, emphasizing an essential demand zone (medium-risk buy zone) spanning from 1.07750 to 1.07650. Additionally, a medium-risk sell zone between 1.08660-1.08740, respectively, are highlighted.
Things I Have Seen👀:
Medium-Risk Buy Zone🟠: Positioned between 1.07750 and 1.07650, suggesting another area with moderate risk for potential buying positions.
Medium-Risk Sell Zone🟠: Positioned between 1.08660 and 1.08740, suggesting another area with moderate risk for potential selling positions.
Bullish Targets📈:
1.07900: Possible retracement area. 1.08300: Possible retracement area. 1.08900: Liquidity area.
Bearish Targets📉:
1.08550: Possible retracement area. 1.08400: Possible retracement area. 1.08000: Liquidity area. 1.07900: Liquidity area. 1.07750: Significant Demand Zone
What's Important Now❗ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.
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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.