EURUSD – Euro Breaks Above 1.15 for First Time Since 2021
Overview:
The euro kicked off the week with strength, breaking above 1.15 for the first time in four years.
A weaker U.S. dollar, driven by renewed trade war fears and Trump’s criticism of Fed Chair Powell, pushed the U.S. Dollar Index below 98.00, fueling euro demand.
Technical Outlook:
As long as EURUSD trades above 1.15365, the bullish trend remains intact. However, a short-term pullback toward 1.14500 is possible if the price struggles to hold above the pivot.
🔺 Bullish targets: 1.16250, 1.16750
🔻 Bearish bias will activate only on a confirmed break below 1.14280
Pivot: 1.15365
Resistance: 1.16250 / 1.16750 / 1.1880
Support: 1.14500 / 1.13550 / 1.12700
Overview:
The euro kicked off the week with strength, breaking above 1.15 for the first time in four years.
A weaker U.S. dollar, driven by renewed trade war fears and Trump’s criticism of Fed Chair Powell, pushed the U.S. Dollar Index below 98.00, fueling euro demand.
Technical Outlook:
As long as EURUSD trades above 1.15365, the bullish trend remains intact. However, a short-term pullback toward 1.14500 is possible if the price struggles to hold above the pivot.
🔺 Bullish targets: 1.16250, 1.16750
🔻 Bearish bias will activate only on a confirmed break below 1.14280
Pivot: 1.15365
Resistance: 1.16250 / 1.16750 / 1.1880
Support: 1.14500 / 1.13550 / 1.12700
~6 analyses per day. With a clear Entry, Target, and stop-out Point
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
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.
~6 analyses per day. With a clear Entry, Target, and stop-out Point
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
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.