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EURUSD 4H NEW FORECAST
📈 Bullish Scenario (Uptrend)
✔ If the price holds above 1.0870, the bullish trend may continue.
✔ Key resistance levels:
1.0930 → First resistance.
1.0960 → Second resistance.
Break above 1.0960 → Strong momentum toward 1.1000.
✔ Final Target: 1.1000+
📉 Bearish Scenario (Downtrend)
✔ If the price breaks below 1.0870, it may trigger a downward move.
✔ Key support levels:
1.0830 → First support level.
Break below 1.0830 → Price may decline toward 1.0800.
Stronger bearish confirmation comes with a move below 1.0750, leading to deeper losses.
📌 Summary
✔ Above 1.0870 → Bullish move towards 1.0930, 1.0960, and possibly 1.1000+.
✔ Below 1.0870 → Bearish move towards 1.0830 and 1.0800.
✔ Break and hold above 1.0960 → Strong uptrend continuation.
✔ Break and hold below 1.0750 → Deeper correction expected.
EURUSD 4H NEW FORECAST
📈 Bullish Scenario (Uptrend)
✔ If the price holds above 1.0870, the bullish trend may continue.
✔ Key resistance levels:
1.0930 → First resistance.
1.0960 → Second resistance.
Break above 1.0960 → Strong momentum toward 1.1000.
✔ Final Target: 1.1000+
📉 Bearish Scenario (Downtrend)
✔ If the price breaks below 1.0870, it may trigger a downward move.
✔ Key support levels:
1.0830 → First support level.
Break below 1.0830 → Price may decline toward 1.0800.
Stronger bearish confirmation comes with a move below 1.0750, leading to deeper losses.
📌 Summary
✔ Above 1.0870 → Bullish move towards 1.0930, 1.0960, and possibly 1.1000+.
✔ Below 1.0870 → Bearish move towards 1.0830 and 1.0800.
✔ Break and hold above 1.0960 → Strong uptrend continuation.
✔ Break and hold below 1.0750 → Deeper correction expected.
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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.
Related publications
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.