After breaking Thursday’s low, EURUSD gave us 30 pips then started ranging right at that level. Today’s price action is mildly bullish, but likely just a retest of the 4hr bearish structure that’s formed.
📌 Key Levels:
🔼 Safe Buys:
Above 1.18075 (strong resistance)
→ Breakout = ~70 pip opportunity
🔽 Sells / Deeper Pullback:
Below 1.16869
→ Potential 60 pip drop into next liquidity zone
⚠️ Current range is tight and indecisive — not worth trading until we get a break.
Bias still bullish longer-term, but patience needed here.
📌 Key Levels:
🔼 Safe Buys:
Above 1.18075 (strong resistance)
→ Breakout = ~70 pip opportunity
🔽 Sells / Deeper Pullback:
Below 1.16869
→ Potential 60 pip drop into next liquidity zone
⚠️ Current range is tight and indecisive — not worth trading until we get a break.
Bias still bullish longer-term, but patience needed here.
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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.