Hi Everyone,
Since our last update, EUR/USD briefly dipped below the 1.16000 level but quickly reclaimed the key 1.16450 zone — a level that continues to serve as an important structural pivot.
Price has since stabilised above this support and is now moving back toward the highlighted resistance area around 1.17450. A sustained push toward 1.18000 in the coming sessions would further reinforce the presence of renewed buying interest.
Our broader outlook remains unchanged: we continue to anticipate the pair building momentum for another move higher. A decisive break above 1.18350 could open the path toward the 1.19290 area and ultimately the 1.20000 handle.
We’ll be watching closely to see whether this recovery gains traction and if buyers can sustain momentum through resistance. The longer-term view remains bullish, as long as price continues to hold above the key support zone.
We’ll continue to provide updates throughout the week as the structure develops 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 briefly dipped below the 1.16000 level but quickly reclaimed the key 1.16450 zone — a level that continues to serve as an important structural pivot.
Price has since stabilised above this support and is now moving back toward the highlighted resistance area around 1.17450. A sustained push toward 1.18000 in the coming sessions would further reinforce the presence of renewed buying interest.
Our broader outlook remains unchanged: we continue to anticipate the pair building momentum for another move higher. A decisive break above 1.18350 could open the path toward the 1.19290 area and ultimately the 1.20000 handle.
We’ll be watching closely to see whether this recovery gains traction and if buyers can sustain momentum through resistance. The longer-term view remains bullish, as long as price continues to hold above the key support zone.
We’ll continue to provide updates throughout the week as the structure develops 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
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.
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.