Euro / U.S. Dollar
Long

EURUSD 4Hour Time frame

44
📊 EUR/USD Snapshot

Current Price: ~1.1706

Recent Range: ~1.1685 – 1.1739

Intraday Change: Slightly negative (~-0.03%)

🔎 Key Levels (4H Focus)

Pivot Point: ~1.1702

Resistance:

R1: ~1.1712

R2: ~1.1729

R3: ~1.1739

Support:

S1: ~1.1685

S2: ~1.1675

S3: ~1.1658

📉 Technical Indicators

RSI: Neutral (~50) → no overbought/oversold condition.

MACD: Slightly positive → mild bullish momentum.

Moving Averages: Price is holding above the 20-period SMA (~1.1710), which acts as short-term support.

📌 4-Hour Outlook

Bullish Scenario: If EUR/USD stays above 1.1700–1.1710, it may push toward 1.1780 and higher levels like 1.1825–1.1850.

Bearish Scenario: If it drops below 1.1700, short-term weakness could test 1.1685 → 1.1675.

Bias: Moderately bullish, but momentum depends on breaking above 1.1780.

✅ Conclusion: On the 4-hour chart, EUR/USD is holding a cautious bullish tone, supported by short-term moving averages. The key battleground is around 1.1700 support and 1.1780 resistance — whichever side breaks first will guide the next move.

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