Euro / U.S. DollarShort
EURUSD/ Broke consolidation zone
Updated
After a prolonged and strong attempt, the price successfully broke the 1.0350 support level, confirming the continuation of the bearish trend in the upcoming sessions.
A 4-hour candle close below this level will further reinforce the bearish momentum, driving the price toward 1.0300. Should it fall below this level, the next target will be 1.0218.
The bullish trend will become active upon surpassing the 1.0450 level.
Tendency Keys: 1.0350
Resistance Line: 1.0350, 1.0450
Support Line: 1.0300, 1.0218, 1.0120
A 4-hour candle close below this level will further reinforce the bearish momentum, driving the price toward 1.0300. Should it fall below this level, the next target will be 1.0218.
The bullish trend will become active upon surpassing the 1.0450 level.
Tendency Keys: 1.0350
Resistance Line: 1.0350, 1.0450
Support Line: 1.0300, 1.0218, 1.0120
Trade active
The price declined based on my analysis. The 1.0261 level represents significant support. A break below this level would likely push the price into a more stable zone.
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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