Hi Everyone,
Since our last update, EUR/USD is currently testing the 1.16680 support level. We’re watching for buying interest to emerge above the key 1.16450 zone; if price can stabilise here, we could see a retest of the highlighted resistance area around 1.17450.
Our broader outlook remains unchanged: as long as price holds above 1.16450, we continue to look for the pair to build momentum for another move higher in the coming sessions. A decisive break above last week’s high could attract fresh buying interest, paving the way for a push towards the 1.19290 area and ultimately 1.20000.
We'll be watching closely to see if this recovery gains traction and whether buyers can sustain the move above resistance. The longer-term view remains bullish, provided price continues to respect the key support zone.
We’ll keep updating you through the week as the structure unfolds and share how we’re managing our active positions.
Thanks again for all the likes/boosts, comments and follows — we really appreciate the support!
All the best for the rest of the week. Trade safe.
BluetonaFX
Since our last update, EUR/USD is currently testing the 1.16680 support level. We’re watching for buying interest to emerge above the key 1.16450 zone; if price can stabilise here, we could see a retest of the highlighted resistance area around 1.17450.
Our broader outlook remains unchanged: as long as price holds above 1.16450, we continue to look for the pair to build momentum for another move higher in the coming sessions. A decisive break above last week’s high could attract fresh buying interest, paving the way for a push towards the 1.19290 area and ultimately 1.20000.
We'll be watching closely to see if this recovery gains traction and whether buyers can sustain the move above resistance. The longer-term view remains bullish, provided price continues to respect the key support zone.
We’ll keep updating you through the week as the structure unfolds and share how we’re managing our active positions.
Thanks again for all the likes/boosts, comments and follows — we really appreciate the support!
All the best for the rest of the week. Trade safe.
BluetonaFX
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t.me/bluetonaFX
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
JOIN OUR FREE TELEGRAM CHANNEL
t.me/bluetonaFX
t.me/bluetonaFX
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.