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Eurusdidea

EURUSD H4 Technical Observations | FOREX BEE Looking at the EUR/USD H4 chart, here are some key observations: Fibonacci Levels: The 0.618 Fibonacci level near 1.0456 appears to be a potential bullish target if price rallies from current levels. Key Support Zone: The green support zone around 1.0200-1.0230 looks significant, where buyers may defend the area. A bounce from here could trigger upward momentum. Trendline Dynamics: The blue descending trendline may continue to act as resistance if the price moves upward, aligning with the 0.786 Fibonacci level near 1.0531. Potential Scenarios: Bullish Case: If the price sustains above the current support, it may target 1.0450 and higher levels. Bearish Case: A break below the red zone near 1.0200 could indicate further bearish pressure toward 1.0100 or lower. This setup highlights an interesting reversal or breakdown possibility. Watch for confirmation of support/resistance levels before entering trades.
by forexbeesignals
EUR/USD Very Near Buying Area , Don`t Miss This Chance !Here we have a very good new up trend line on 4H Time Frame , and the price touch it 2 times , and now we are waiting For third touch and it will be the best one , so i`m waiting for the price to touch it and give me a good bullish price action and then we can enter a buy trade . This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Long
by FX_Elite_Club
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