EUR/USD (1H) Technical Analysis
- Price Action: EUR/USD is currently trading around 1.08360, consolidating after a recent rally.
- Key Levels:
- Support Zone: 1.0760 - 1.0780 (potential bounce area)
- Demand Zone: 1.06988 - 1.06208 (stronger support if price drops further)
- Target Area: 1.08728 (potential resistance)
- Outlook: If the price retests the support area and holds, a bullish move toward 1.08728 is likely. However, a break below this zone could lead to a deeper pullback into the demand zone.
📊 Watch for bullish confirmation at support before entering long positions.
If you enjoy, press the like button.
- Price Action: EUR/USD is currently trading around 1.08360, consolidating after a recent rally.
- Key Levels:
- Support Zone: 1.0760 - 1.0780 (potential bounce area)
- Demand Zone: 1.06988 - 1.06208 (stronger support if price drops further)
- Target Area: 1.08728 (potential resistance)
- Outlook: If the price retests the support area and holds, a bullish move toward 1.08728 is likely. However, a break below this zone could lead to a deeper pullback into the demand zone.
📊 Watch for bullish confirmation at support before entering long positions.
If you enjoy, press the like button.
Trade closed: target reached
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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.
💸FREE FOREX Signals in Telegram : t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
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.