EURUSD Technically Outlook
EUR/USD Technical Analysis:
- Daily Chart:
- Resistance around 1.0390 is turning into support.
- A close below 1.0392 would bring bears into the market, with targets around 1.0271.
- H4 Chart:
- 1.0394 is a key support level.
- A close below 1.0394 would signal bearish momentum, targeting further downside.
- Alternatively, watching for a bullish push with potential targets around 1.0510.
- Target:
- Aiming for 100 pips, depending on price action at key levels.
Trade closed: target reached
Banked!
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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.
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.