Euro / U.S. Dollar
Short

EUR/USD Setup Is Ready

1 218
This is a bullish EUR/USD (Euro/US Dollar) 1-hour chart analysis. The setup indicates a potential upward reversal after a downtrend, supported by a series of higher lows.

Key elements:

Entry Point: Around 1.14044–1.14376.

Stop Loss: Placed below the recent low at 1.12770 to manage risk.

Targets:

First Target: 1.15034

Second Target: 1.15892

Third Target: 1.17238



The chart suggests a buy setup with a risk-reward strategy, aiming for a breakout and continuation towards higher resistance levels. The large upward arrow emphasizes bullish momentum expectations.

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