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 15-minute timeframe, EUR/USD is currently in a downward trend. However, if the price breaks above 1.04414, I expect a potential bullish reversal.
📉 Expectation:
Bullish Scenario: A breakout above 1.04414 could push the price toward 1.05330 as the first target and 1.06011 as the second target.
Bearish Scenario: If the breakout fails, the downtrend may continue.
💡 Key Levels to Watch:
Resistance: 1.04414, 1.05330, 1.06011
Support: Monitor price action below 1.04414
💬 What’s your outlook on EUR/USD? Let me know your thoughts in the comments!
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 15-minute timeframe, EUR/USD is currently in a downward trend. However, if the price breaks above 1.04414, I expect a potential bullish reversal.
📉 Expectation:
Bullish Scenario: A breakout above 1.04414 could push the price toward 1.05330 as the first target and 1.06011 as the second target.
Bearish Scenario: If the breakout fails, the downtrend may continue.
💡 Key Levels to Watch:
Resistance: 1.04414, 1.05330, 1.06011
Support: Monitor price action below 1.04414
💬 What’s your outlook on EUR/USD? Let me know your thoughts in the comments!
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.