📉 EUR/USD - 1H Technical Analysis
📊 Current Price: 1.08789
📍 Market Structure: Sideways Consolidation with Key Liquidity Zones
📈 Bullish Scenario:
🔹 Target: 1.09164 (Key Resistance Zone)
🔹 Price could push higher towards the 1.09164 supply zone, where sellers might step in.
📉 Bearish Scenario:
🔹 Target: 1.08117 (Key Support Zone)
🔹 If price fails to break above resistance, expect a drop towards the 1.08117 demand zone, offering a potential buy opportunity.
📊 Key Levels:
✅ Resistance: 1.09164 📍 (Sell Zone)
✅ Support: 1.08117 📍 (Buy Zone)
📢 Trade Idea:
⚡ Buy above 1.08117 with confirmation
⚡ Sell near 1.09164 if rejection occurs
🎯 Risk Management: Always use stop-loss and trade wisely!
#EURUSD #Forex #PriceAction #SupportResistance #LiquidityZones #Trading #SmartMoney #FXFOREVER
📊 Current Price: 1.08789
📍 Market Structure: Sideways Consolidation with Key Liquidity Zones
📈 Bullish Scenario:
🔹 Target: 1.09164 (Key Resistance Zone)
🔹 Price could push higher towards the 1.09164 supply zone, where sellers might step in.
📉 Bearish Scenario:
🔹 Target: 1.08117 (Key Support Zone)
🔹 If price fails to break above resistance, expect a drop towards the 1.08117 demand zone, offering a potential buy opportunity.
📊 Key Levels:
✅ Resistance: 1.09164 📍 (Sell Zone)
✅ Support: 1.08117 📍 (Buy Zone)
📢 Trade Idea:
⚡ Buy above 1.08117 with confirmation
⚡ Sell near 1.09164 if rejection occurs
🎯 Risk Management: Always use stop-loss and trade wisely!
#EURUSD #Forex #PriceAction #SupportResistance #LiquidityZones #Trading #SmartMoney #FXFOREVER
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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.
fxforever
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.