🔹 Current Price: 1.06207 🔹 Key Resistance Zone: 1.06300 - 1.06600 (Red Zone) 🔹 Key Support Levels:
1.06035 (First Target) 1.05545 (Second Target) 1.05161 (Final Bearish Target) 📊 Bearish Scenario: 🔻 Price is reacting from a strong supply zone (red area). 🔻 A break below 1.06035 could push price towards 1.05545. 🔻 If momentum continues, 1.05161 could be the next target.
🚀 Bullish Scenario: ✅ If price holds above 1.06035, it may retest the red resistance zone. ✅ A strong breakout above 1.06600 would invalidate the bearish setup.
💡 Trading Plan: ✅ Watch for confirmation of bearish momentum below 1.06035. ✅ Sell opportunities may arise at resistance rejections. ✅ If price finds support, consider potential short-term buys.