EURUSD - ANALYSIS
👀 Observation:
Hi everyone! Here's my analysis for the EUR/USD pair. Based on the current chart, I expect the price to continue its downward trend after a small pullback. My first target for this move is 1.00938.
If EUR/USD breaks above the 1.04370 level on the 1H timeframe and holds, I anticipate a shift in momentum and further upward movement.
📉 Expectation:
Downward continuation to 1.00938, unless the 1.04370 level is broken.
If broken and consolidated, a bullish scenario could unfold.
💡 Key Levels to Watch:
Target 1: 1.00938
Resistance to break: 1.04370
💬 What’s your perspective on EUR/USD this week? Share your analysis in the comments!
Trade safe
Hi everyone! Here's my analysis for the EUR/USD pair. Based on the current chart, I expect the price to continue its downward trend after a small pullback. My first target for this move is 1.00938.
If EUR/USD breaks above the 1.04370 level on the 1H timeframe and holds, I anticipate a shift in momentum and further upward movement.
📉 Expectation:
Downward continuation to 1.00938, unless the 1.04370 level is broken.
If broken and consolidated, a bullish scenario could unfold.
💡 Key Levels to Watch:
Target 1: 1.00938
Resistance to break: 1.04370
💬 What’s your perspective on EUR/USD this week? Share your analysis in the comments!
Trade safe
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