Euro / U.S. Dollar
Long
Updated

EURUSD| ABOVE FLAT ZONE, LONG

101
The price has stabilized above the flat zone and is currently trading towards breaking the 1.05287 level. However, this level may act as resistance, potentially causing a short-term correction before the price attempts to break above it and reach 1.06082.

On the other hand, if the price reverses and stabilizes below 1.04245, it will likely move back within the flat zone, indicating a possible continuation of sideways movement.

Tendency Keys: 2,880
Resistance Line: 1.05287, 1.06082, 1.06755
Support Line: 1.04245, 1.03503, 1.02614


Markets are all about perspective. If you see something different, let’s discuss in the comments!
Trade closed: target reached
REACHED FULL TARGET

The price has stabilized above 1.06082 and is moving towards 1.0677. The 1.0677 level is expected to prompt a correction before the price attempts to break through this level again, reinforcing its bullish momentum.

snapshot

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