๐ Observation:
Hi everyone! Here's my analysis for the EUR/USD pair. Based on the current chart, I expect the price to continue its downward trend after a small pullback. My first target for this move is 1.00938.
If EUR/USD breaks above the 1.04370 level on the 1H timeframe and holds, I anticipate a shift in momentum and further upward movement.
๐ Expectation:
Downward continuation to 1.00938, unless the 1.04370 level is broken.
If broken and consolidated, a bullish scenario could unfold.
๐ก Key Levels to Watch:
Target 1: 1.00938
Resistance to break: 1.04370
๐ฌ Whatโs your perspective on EUR/USD this week? Share your analysis in the comments!
Trade safe
Hi everyone! Here's my analysis for the EUR/USD pair. Based on the current chart, I expect the price to continue its downward trend after a small pullback. My first target for this move is 1.00938.
If EUR/USD breaks above the 1.04370 level on the 1H timeframe and holds, I anticipate a shift in momentum and further upward movement.
๐ Expectation:
Downward continuation to 1.00938, unless the 1.04370 level is broken.
If broken and consolidated, a bullish scenario could unfold.
๐ก Key Levels to Watch:
Target 1: 1.00938
Resistance to break: 1.04370
๐ฌ Whatโs your perspective on EUR/USD this week? Share your analysis in the comments!
Trade safe
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.
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.