EUR/USD - 1H Technical Analysis๐ EUR/USD - 1H Technical Analysis
๐ Current Price: 1.08789
๐ Market Structure: Sideways Consolidation with Key Liquidity Zones
๐ Bullish Scenario:
๐น Target: 1.09164 (Key Resistance Zone)
๐น Price could push higher towards the 1.09164 supply zone, where sellers might step in.
๐ Bearish Scenario:
๐น Target: 1.08117 (Key Support Zone)
๐น If price fails to break above resistance, expect a drop towards the 1.08117 demand zone, offering a potential buy opportunity.
๐ Key Levels:
โ
Resistance: 1.09164 ๐ (Sell Zone)
โ
Support: 1.08117 ๐ (Buy Zone)
๐ข Trade Idea:
โก Buy above 1.08117 with confirmation
โก Sell near 1.09164 if rejection occurs
๐ฏ Risk Management: Always use stop-loss and trade wisely!
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