The image is a forex trading chart from TradingView, specifically for the EUR/USD currency pair on the 1-hour timeframe.
Key observations:
The current price is 1.08238 (+0.21%).
A target zone is marked with a purple rectangle around the 1.08500 level.
There is a support level around 1.08022 (marked by a black horizontal line).
The price appears to be moving upward toward the target zone, with a possible retracement before continuing.
Annotations and black arrows indicate the expected movement.
This analysis suggests a bullish outlook, with price action targeting the resistance zone near 1.08500.
Key observations:
The current price is 1.08238 (+0.21%).
A target zone is marked with a purple rectangle around the 1.08500 level.
There is a support level around 1.08022 (marked by a black horizontal line).
The price appears to be moving upward toward the target zone, with a possible retracement before continuing.
Annotations and black arrows indicate the expected movement.
This analysis suggests a bullish outlook, with price action targeting the resistance zone near 1.08500.
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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.
XAUUSD GOLD + BTCUSD Daily 6-7 Free Signals📊🚀
💫Best Trading Team
✅GOLD
✅BTC
✅EURUSD
✅USDJPY
TELEGRAM CHANNEL 👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻
t.me/Gold_Derive_Killer01
💫Best Trading Team
✅GOLD
✅BTC
✅EURUSD
✅USDJPY
TELEGRAM CHANNEL 👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻
t.me/Gold_Derive_Killer01
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.