Euro / U.S. Dollar
Short
Updated

EURUSD break the support level watch the caption

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๐Ÿ“‰ EUR/USD Analysis & Forecast ๐Ÿ“‰

๐Ÿ”น Pair: EUR/USD
๐Ÿ”น Timeframe: 1H
๐Ÿ”น Indicators: 50-period DEMA
๐Ÿ”น Key Levels:

Support Level: Broken
Retest Area: Confirmed
Supply Zone: Above


Market Insight:
The EUR/USD has broken a key support level and is now retesting it, potentially confirming a bearish move. The price is currently trading near 1.0780, with a downward target of 1.06790. If the retest holds, further downside pressure may follow.

๐Ÿ“Œ Trade Idea:
โœ… Short Entry: After confirmed rejection from resistance
๐ŸŽฏ Target: 1.06790
โŒ Stop Loss: Above 1.08290

Will this setup play out? Let us know your thoughts! ๐Ÿ“Š๐Ÿ‘‡

#EURUSD #ForexTrading #PriceAction #TechnicalAnalysis
Trade active
๐Ÿ“‰ EUR/USD Trade Setup โ€“ Strong Support Broken! ๐Ÿ“‰

๐Ÿ”น Pair: EUR/USD
๐Ÿ”น Timeframe: 1H
๐Ÿ”น Entry: 1.07840 (Sell)
๐Ÿ”น Analysis: The price has broken a strong support level and retested it, confirming a bearish continuation.

๐Ÿ“Œ Trade Setup:
โœ… Sell Entry: 1.07840 (Confirmed by support break)
๐ŸŽฏ Target: 1.06790

๐Ÿ”น Market Outlook:

The support break signals a strong downtrend.

A retest of the broken level strengthens bearish confirmation.

If the price stays below 1.07840, we expect further downside.


๐Ÿš€ Are you following this setup? Comment your thoughts below! ๐Ÿ‘‡๐Ÿ“Š

#EURUSD #ForexTrading #Breakout #TechnicalAnalysis #SellSetup
Trade closed: stop reached

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