💠EURUSD 21Nov24 Daily Analysis based on Main Key Levels
🔷Daily Current Market Price (DCMP): 1.05514
Swing High: 1.09374
Swing Low: 1.04963
🔷Resistance Levels:
1.08198
1.07313
1.06766
1.06564
1.06171
1.05927
1.05881
🔷Support Levels:
1.05141
1.04996
1.04897
1.04504
1.04449
1.03564
🔷Trade Setups:
🔷Sell Trade (at 1.05881):
Entry: 1.05881
Stop Loss: 1.06766 (+89 pips)
Take Profit 1: 1.04996 (-89 pips)
Take Profit 2: 1.04449 (-143 pips)
🔷Buy Trade (at 1.04996):
Entry: 1.04996
Stop Loss: 1.04449 (-55 pips)
Take Profit 1: 1.05881 (+89 pips)
Take Profit 2: 1.06766 (+177 pips)
Both trades are positioned at key levels with favorable risk-reward ratios. The sell trade is aligned with resistance structure, while the buy trade is supported by multiple support levels including the swing low.