📉 EUR/USD Analysis | Key Levels & CPI Impact
EUR/USD is trading around the pivot zone (1.09280) after a strong rally.
📉 Bearish Scenario:
Stability below 1.09280 could lead to a decline toward 1.08667 and further to 1.07398.
A rejection from this level may confirm a downside move.
📈 Bullish Scenario:
A clear breakout above 1.09280 could push the price toward 1.10050 and 1.10828.
📊 CPI Impact:
CPI < 2.9% → Bullish 📈
CPI > 2.9% → Bearish 📉
CPI = 2.9% → Bullish Bias 📊 (Since it's lower than the previous 3.0%)
Key Levels:
Resistance: 1.10050 | 1.10828
Pivot Line: 1.09280
Support: 1.08667 | 1.07398 | 1.06779
Watch for CPI impact and price action confirmation! 🚨
EUR/USD is trading around the pivot zone (1.09280) after a strong rally.
📉 Bearish Scenario:
Stability below 1.09280 could lead to a decline toward 1.08667 and further to 1.07398.
A rejection from this level may confirm a downside move.
📈 Bullish Scenario:
A clear breakout above 1.09280 could push the price toward 1.10050 and 1.10828.
📊 CPI Impact:
CPI < 2.9% → Bullish 📈
CPI > 2.9% → Bearish 📉
CPI = 2.9% → Bullish Bias 📊 (Since it's lower than the previous 3.0%)
Key Levels:
Resistance: 1.10050 | 1.10828
Pivot Line: 1.09280
Support: 1.08667 | 1.07398 | 1.06779
Watch for CPI impact and price action confirmation! 🚨
Trade active
EUR/USD Live UpdateEUR/USD recently tested the pivot line at 1.09280 but faced rejection, indicating possible bearish movement ahead.
Technical Outlook:
If the price fails to reclaim 1.09280, a pullback toward the support zone at 1.07398 is likely.
A temporary consolidation within the 1.08667 - 1.09280 range may occur before a clear direction is established.
A break below 1.08667 would confirm further downside, targeting 1.07398 and 1.06779.
However, if the price breaks above 1.09280, it could push toward 1.10050 and 1.10828.
Key Levels to Watch:
Resistance: 1.09280 | 1.10050 | 1.10828
Pivot Line: 1.09280
Support: 1.08667 | 1.07398 | 1.06779
Outlook Summary:
Bearish bias dominates below 1.09280, with a drop expected toward 1.07398.
A break above 1.09280 would shift the trend bullish toward 1.10050.
Watch for price action confirmation near the pivot line for the next move.
~6 analyses per day. With a clear Entry, Target, and stop-out Point
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
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.
~6 analyses per day. With a clear Entry, Target, and stop-out Point
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
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.