Welcome back to the long-term EUR/USD roadmap, where we're not just looking at the next move, but building a vision for the next decade.
📉 What's Happening Now?
The market is currently battling between two major macro zones:
Strong Resistance at 1.22 – This is where bulls face their ultimate test. If price breaks through this zone, we could be looking at a sustained bullish trend, with 1.24 and beyond in sight.
First Strong Support at 1.08 – A level that has held in past market corrections, and a key buy signal if we see price rejection with strong confirmation.
Second Support at 1.0176 – If the first level fails, this is where the ultimate buying opportunity lies. Think long-term here. The price tends to rebound sharply from this level.
🎯 The Educational Breakdown:
Here’s how you can approach the price action using the concept of 'range trading' vs 'breakout trading':
1. Bullish Scenario:
Condition to Watch: A breakout above 1.22 would set the stage for the next leg up, with 1.24 as the initial target. This is a high-probability bullish setup. Keep an eye on strong confirmation candles around this resistance, like a bullish engulfing or a close above the level.
2. Bearish Scenario:
Condition to Watch: If price fails to break and retests the support zones, we could see a retracement back down. The first target should be 1.08, but if that level breaks, we’re looking at the 1.0176 support zone, which historically holds.
3. Major Support Opportunities (Unbeatable Long-term Buy):
The 1.06 to 0.97 zone is your "unbeatable first touch support". Price tends to reject hard from this range, offering high-reward long opportunities for those who can time the entry correctly with strong confirmation.
🔥 The Big Picture
This is not just about trading the next week. This is about building a macro trading model that looks at multiple years of price action. Understanding where the big money plays in terms of support and resistance gives you the advantage to position ahead of the market.
🧠 Key Takeaways for Traders:
Be patient with major support zones – This is where price reversals often occur.
If you're playing the breakout, wait for confirmation candles above 1.22 for sustained momentum.
Use multi-timeframe analysis to confirm key levels – Don’t just rely on the weekly chart; lower timeframes (like daily and 4-hour) can provide entry confirmation.
📈 What’s Next?
As we continue through 2025 and beyond, these key zones will play a crucial role in determining EUR/USD's long-term trajectory. Whether you're trading short-term moves or building a macro position, mastering these zones will set you apart from the crowd.
"The best traders are those who anticipate the big moves, not just react to them."
– TradeWithMky
🔔 Follow for more macro insights and exclusive trading strategies.
📈 TradeWithMky – where the charts talk louder than the noise.
📉 What's Happening Now?
The market is currently battling between two major macro zones:
Strong Resistance at 1.22 – This is where bulls face their ultimate test. If price breaks through this zone, we could be looking at a sustained bullish trend, with 1.24 and beyond in sight.
First Strong Support at 1.08 – A level that has held in past market corrections, and a key buy signal if we see price rejection with strong confirmation.
Second Support at 1.0176 – If the first level fails, this is where the ultimate buying opportunity lies. Think long-term here. The price tends to rebound sharply from this level.
🎯 The Educational Breakdown:
Here’s how you can approach the price action using the concept of 'range trading' vs 'breakout trading':
1. Bullish Scenario:
Condition to Watch: A breakout above 1.22 would set the stage for the next leg up, with 1.24 as the initial target. This is a high-probability bullish setup. Keep an eye on strong confirmation candles around this resistance, like a bullish engulfing or a close above the level.
2. Bearish Scenario:
Condition to Watch: If price fails to break and retests the support zones, we could see a retracement back down. The first target should be 1.08, but if that level breaks, we’re looking at the 1.0176 support zone, which historically holds.
3. Major Support Opportunities (Unbeatable Long-term Buy):
The 1.06 to 0.97 zone is your "unbeatable first touch support". Price tends to reject hard from this range, offering high-reward long opportunities for those who can time the entry correctly with strong confirmation.
🔥 The Big Picture
This is not just about trading the next week. This is about building a macro trading model that looks at multiple years of price action. Understanding where the big money plays in terms of support and resistance gives you the advantage to position ahead of the market.
🧠 Key Takeaways for Traders:
Be patient with major support zones – This is where price reversals often occur.
If you're playing the breakout, wait for confirmation candles above 1.22 for sustained momentum.
Use multi-timeframe analysis to confirm key levels – Don’t just rely on the weekly chart; lower timeframes (like daily and 4-hour) can provide entry confirmation.
📈 What’s Next?
As we continue through 2025 and beyond, these key zones will play a crucial role in determining EUR/USD's long-term trajectory. Whether you're trading short-term moves or building a macro position, mastering these zones will set you apart from the crowd.
"The best traders are those who anticipate the big moves, not just react to them."
– TradeWithMky
🔔 Follow for more macro insights and exclusive trading strategies.
📈 TradeWithMky – where the charts talk louder than the noise.
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.