EURUSD - ANALYSIS

👀 Observation:
Hello, everyone! I hope you're all doing well. Let me share my personal view on EUR/USD with you.

Based on the EUR/USD chart, I expect the price to push upward toward the level of 1.03493. After reaching this level, I anticipate it to resume its downward movement. My first target for the drop is 1.01978, followed by the second target at 1.00938.

However, if EUR/USD breaks above the 1.04340 level in the 1-hour timeframe, I expect further upward movement toward 1.05673.

📉 Expectation:
Bullish Scenario: Break above 1.04340 targeting 1.05673.
Bearish Scenario: Drop after hitting 1.03493, targeting 1.01978 and then 1.00938.

💡 Key Levels to Watch:
Resistance: 1.03493, 1.04340, 1.05673
Support: 1.01978, 1.00938

💬 What’s your outlook on EUR/USD? Share your thoughts in the comments below!

Trade safe