Euro / U.S. Dollar
Long
Updated

Strong Support Zone 1.1300 - Maintains within the uptrend zone

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🔔🔔🔔EUR/USD news:

➡️ The EUR/USD pair is struggling to recover, extending its slide below the 1.1350 region during Tuesday’s U.S. session. session. Data from the United States indicates an improvement in consumer sentiment in May, which helped the U.S. Dollar remains resilient against its rivals and limits the pair's upside.

➡️ Although some positive sentiment headlines have emerged, market remains subdued due to former President Donald Trump’s tariffs and tax legislation, which have raised concerns about rising inflation and a growing budget deficit.

Personal opinion:
➡️ The uptrend has not been broken yet, the 1.1300 area is a strong support zone that can attract buyers again. RSI shows signs of convergence, EUR/USD will have an increase at this time

➡️ Analyze based on important support resistance levels and Fibonacci combined with RSI to come up with a suitable strategy

Personal plan:
🔆Price Zone Setup:

👉Buy EUR/USD 1.1300 – 1.1290
❌SL: 1.1255 | ✅TP: 1.1350

FM wishes you a successful trading day 💰💰💰
Trade active
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Personal plan
hit + 40 pips from Buy 1.1300

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