Euro / U.S. Dollar
Long

CHART BREAKDOWN EURUSD: Key Levels, Targets and Thoughts!

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Brief Description๐Ÿ–Š๏ธ:

The chart provides insights into critical market levels, emphasizing 1 essential demand zone: low-risk buy zone spanning from 1.04745 to 1.04795, respectively, is highlighted.

Things I Have Seen๐Ÿ‘€:


Important Demand Zone๐ŸŸข: Identified between 1.04745 and 1.04795 serving as a low-risk buy.


Bullish Targets๐Ÿ“ˆ:
1.04950: Possible retracement area.
1.05000: Possible retracement area.
1.05100: Possible retracement area.
1.05250: Possible retracement area.
1.05125: Significant supply zone.
1.05430: Liquidity area.


What's Important Nowโ—
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.

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