EURUSD Technical analysis.

77
The image is a TradingView chart of EUR/USD (Euro/U.S. Dollar) on a 1-hour timeframe. It displays price action, key support zones, and a long trade setup.

Key Details:

Current Price: 1.09057.

Support Zone: Highlighted in a rectangular area around 1.08868 - 1.09057.

Stop-Loss Level: Around 1.08554.

Take-Profit Level: Around 1.10369.

Trade Setup: A bullish long position, expecting a bounce from the support zone.

Blue Arrow: Suggests a projected move to the upside.


This setup indicates a trader is looking for a buy entry at the support zone, anticipating a rally towards 1.10369.

Would you like a deeper analysis or a trade opinion?

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.