Euro / U.S. Dollar
Short
Updated

EURUSD technical analysis.

55
This is a 1-hour EUR/USD (Euro to US Dollar) chart from TradingView, published on April 7, 2025. Here's a breakdown of what's shown:

Current Price: 1.10008 (up 0.35%)

Support/Resistance Levels: Marked by the orange horizontal lines:

Resistance: ~1.11335, 1.11000, 1.10587

Current area: ~1.10008

Support: ~1.09867, 1.09109, 1.08378, 1.08000, 1.07746


Pattern & Forecast:

A possible bearish move is sketched with a blue zigzag arrow, suggesting a rejection near the 1.1000 level and a drop toward the 1.09109 support area.


Event Markers:

A lightning bolt (purple) and EU flag (blue) indicate upcoming high-impact economic events related to the Eurozone.



The chart seems to suggest a bearish bias unless the price breaks above 1.1000 convincingly. Do you want a more detailed technical analysis or trade suggestion based on this?

Trade closed: target reached
EURUSD Target successfully reached.

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