Euro / U.S. Dollar
Short
Updated

EURUSD - ANALYSIS

250
👀 Observation:
Hello, everyone! I hope you're doing well. I’d like to share my analysis of EUR-USD with you.

Looking at the chart, EUR-USD is currently in a price range. After reaching the top of the range, I expect it to move toward the bottom of the range, and I anticipate a breakdown below the range's bottom.

📉 Expectation:

Bearish Scenario: If the price breaks the bottom of the range, I expect the price to move toward my first target at 1.12142.

💡 Key Levels to Watch:
Resistance: Top of the range
Support: Bottom of the range

💬 What are your thoughts on EUR-USD this week? Let me know in the comments!

Trade safe
Trade active
I see this
snapshot

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.