👀 Observation:
Hello, everyone! I hope you're doing well. I’d like to share my analysis of EUR-USD with you.
Looking at the chart, I see that EUR-USD is currently in a downward channel and is at the top of the channel. I expect the price to move down towards the bottom of the channel, and eventually break the channel to the downside, with the target around 1.12140.
However, if the price breaks above 1.14251 on the 1-hour time frame, I will be looking for the next target around 1.1600.
📉 Expectation:
Bearish Scenario: Price to move down to 1.12140 after breaking the channel downward.
Bullish Scenario: If the price breaks 1.14251 on the 1-hour chart, the next target would be 1.1600.
💡 Key Levels to Watch:
Resistance: 1.14251
Support: 1.12140
💬 What are your thoughts on EUR-USD this week? Let me know in the comments!
Trade safe
Hello, everyone! I hope you're doing well. I’d like to share my analysis of EUR-USD with you.
Looking at the chart, I see that EUR-USD is currently in a downward channel and is at the top of the channel. I expect the price to move down towards the bottom of the channel, and eventually break the channel to the downside, with the target around 1.12140.
However, if the price breaks above 1.14251 on the 1-hour time frame, I will be looking for the next target around 1.1600.
📉 Expectation:
Bearish Scenario: Price to move down to 1.12140 after breaking the channel downward.
Bullish Scenario: If the price breaks 1.14251 on the 1-hour chart, the next target would be 1.1600.
💡 Key Levels to Watch:
Resistance: 1.14251
Support: 1.12140
💬 What are your thoughts on EUR-USD this week? Let me know in the comments!
Trade safe
Trade active
I see 1.14900 coming soon
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.