The Euro has clawed back strength in recent sessions, pushing EUR/USD into a decisive retest of a well-respected resistance zone around 1.13650. This level has held firm in the past, and now price is once again knocking on its door but this time with a clearer bullish structure behind it.
Bullish Market Structure: Higher lows and sustained bullish momentum indicate buyers are in control.
Key Level in Focus: The 1.13650 area, previously a supply zone, is now being tested with conviction. A breakout here could confirm a major shift.
Targets if Broken:
1.14500 – First resistance and prior structural pivot.
1.16000 – Psychological level and next major upside zone.
As always, manage risk carefully.
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Bullish Market Structure: Higher lows and sustained bullish momentum indicate buyers are in control.
Key Level in Focus: The 1.13650 area, previously a supply zone, is now being tested with conviction. A breakout here could confirm a major shift.
Targets if Broken:
1.14500 – First resistance and prior structural pivot.
1.16000 – Psychological level and next major upside zone.
As always, manage risk carefully.
Like & Follow for more clean, high-timeframe breakdowns!
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.