Euro / U.S. Dollar
Updated

Projected Price Path (White Lines)

284
showing technical analysis and a projected price path. Here’s a breakdown of what’s visible:

🔍 Chart Overview
Pair: EUR/USD
Timeframe: 4H (4-hour)
Current Price: ~1.15881
Date/Time: Around June 13, 2025, 3:47 AM (UTC+3)
🟩 Highlighted Zones
Upper Supply Zone (resistance area):

Around 1.15150 – 1.15300
Price previously reacted and broke above this zone.
Lower Demand Zone (support area):

Between 1.13600 – 1.13900
Price bounced from this level in the past.
Intermediate Zone (recent consolidation):

Around 1.14300 – 1.14500
Possibly an area of minor structure or reaccumulation.
📈 Price Action
Price made a strong bullish move, breaking through previous resistance zones.
Bearish pin bar (rejection wick) at the top suggests potential reversal or pullback.
🔮 Projected Price Path (White Lines)
The drawn projection suggests:

Short-term pullback, possibly to retest the 1.15300–1.15150 area.
A minor lower high forms.
Deeper drop expected toward the demand zone at 1.13800 or lower.
🧠 Analysis Implication
This is likely a swing trader’s roadmap, anticipating a reversal after an overextended move.
The analysis could be based on liquidity sweep above highs and return to structure.
Trade active
1st Target Hit.

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