Euro / U.S. DollarShort
EURUSD - ANALYSIS
👀 Observation:
Hello, everyone! I hope you're all doing well. Let me share my personal view on EUR/USD with you.
Based on the EUR/USD chart, I expect the price to push upward toward the level of 1.03493. After reaching this level, I anticipate it to resume its downward movement. My first target for the drop is 1.01978, followed by the second target at 1.00938.
However, if EUR/USD breaks above the 1.04340 level in the 1-hour timeframe, I expect further upward movement toward 1.05673.
📉 Expectation:
Bullish Scenario: Break above 1.04340 targeting 1.05673.
Bearish Scenario: Drop after hitting 1.03493, targeting 1.01978 and then 1.00938.
💡 Key Levels to Watch:
Resistance: 1.03493, 1.04340, 1.05673
Support: 1.01978, 1.00938
💬 What’s your outlook on EUR/USD? Share your thoughts in the comments below!
Trade safe
Hello, everyone! I hope you're all doing well. Let me share my personal view on EUR/USD with you.
Based on the EUR/USD chart, I expect the price to push upward toward the level of 1.03493. After reaching this level, I anticipate it to resume its downward movement. My first target for the drop is 1.01978, followed by the second target at 1.00938.
However, if EUR/USD breaks above the 1.04340 level in the 1-hour timeframe, I expect further upward movement toward 1.05673.
📉 Expectation:
Bullish Scenario: Break above 1.04340 targeting 1.05673.
Bearish Scenario: Drop after hitting 1.03493, targeting 1.01978 and then 1.00938.
💡 Key Levels to Watch:
Resistance: 1.03493, 1.04340, 1.05673
Support: 1.01978, 1.00938
💬 What’s your outlook on EUR/USD? Share your thoughts in the comments below!
Trade safe
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.