🚀 EUR/USD Forecast & Level Analysis EUR/USD has completed its support zone and formed a strong bullish candle, signaling a potential upside move toward its technical target of 1.0580.
🔄 Key Levels to Watch Support Zone: 1.02100 (Confirmed as a strong base) First Resistance: 1.03880 Second Resistance: 1.04550 Technical Target: 1.05800 🔍 Market Outlook Bullish Confirmation: The breakout from support indicates potential further upside. Breakthrough Levels: A strong move above 1.03880 could push the price toward 1.04550 and beyond. Pullback Opportunities: If EUR/USD retests 1.02100, it could offer fresh buying opportunities before resuming its uptrend. 💡 Trading Plan:
Look for buy entries above 1.02100, targeting 1.03880 and 1.05800. Stop-loss: Below 1.02100 to manage risk. Monitor price action at resistance zones for potential breakout confirmation.
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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.