ChatGPT 📉 EUR/USD Forecast & Level Analysis In the H4 time frame, EUR/USD has rejected its higher high and formed a strong selling candle, signaling a bearish move ahead.
🔄 Key Levels to Watch Selling Zone: 1.04195 Resistance Zone: 1.04350 (Key level to watch for pullbacks) Support Zone: 1.03650 (First area where price may react) Technical Target: 1.02700 🔍 Technical Outlook Bearish Confirmation: The rejection at higher levels suggests downward pressure. A clean break below 1.03650 could accelerate the move toward 1.02700. Pullback Opportunities: Any retracement toward 1.04195 - 1.04350 could provide fresh selling entries. 💡 Trading Plan:
Look for sell confirmations below 1.04195 with targets at 1.03650 and 1.02700. Stop-loss placement above 1.04350 to manage risk effectively.
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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.