EUR/USD Technical Analysis
Key Levels:
- Resistance Area: 1.1000 – 1.1023
- Target Area (Support Zone): 1.0380 – 1.0593
Market Structure:
The pair has experienced a strong bullish rally, reaching a key resistance area around 1.1000. The price is currently facing rejection, indicating potential selling pressure.
Trading Outlook:
- A confirmed rejection from the resistance area could trigger a bearish move towards the target area (support zone).
- A breakout above 1.1023 with strong volume may extend the bullish momentum.
- Traders should watch for price action confirmation before entering positions.
Conclusion:
The EUR/USD pair is at a critical resistance level. A reversal could lead to a retracement, while a breakout may push prices higher. Risk management is essential in this setup.
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Key Levels:
- Resistance Area: 1.1000 – 1.1023
- Target Area (Support Zone): 1.0380 – 1.0593
Market Structure:
The pair has experienced a strong bullish rally, reaching a key resistance area around 1.1000. The price is currently facing rejection, indicating potential selling pressure.
Trading Outlook:
- A confirmed rejection from the resistance area could trigger a bearish move towards the target area (support zone).
- A breakout above 1.1023 with strong volume may extend the bullish momentum.
- Traders should watch for price action confirmation before entering positions.
Conclusion:
The EUR/USD pair is at a critical resistance level. A reversal could lead to a retracement, while a breakout may push prices higher. Risk management is essential in this setup.
If you enjoy, press the like button.
Trade active
Note
Congratulations guys, trade running 50 pips+ profit....Note
Congrats guys, trade running 90 pips+ profit....Note
just hold your trades, let's see.Note
Congratulations guys, trade running 120 pips+ profits.Note
Note
180 pips+ achieved , Trade closed: target reached
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Disclaimer
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💸FREE FOREX Signals in Telegram : t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
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.