EURUSD | OVERVIEW
The pair maintains a bearish momentum as long as it trades below the pivot level at 1.1450, targeting the support at 1.1372. A clear break below this level would reinforce the downtrend, potentially extending the decline toward 1.1270.
Alternative Scenario:
A confirmed 1-hour candle close above 1.1450 would indicate a potential shift to a bullish trend, with upside targets at 1.1535, and possibly 1.1625.
Support Levels: 1.1372, 1.1270
Resistance Levels: 1.1535, 1.1625
The pair maintains a bearish momentum as long as it trades below the pivot level at 1.1450, targeting the support at 1.1372. A clear break below this level would reinforce the downtrend, potentially extending the decline toward 1.1270.
Alternative Scenario:
A confirmed 1-hour candle close above 1.1450 would indicate a potential shift to a bullish trend, with upside targets at 1.1535, and possibly 1.1625.
Support Levels: 1.1372, 1.1270
Resistance Levels: 1.1535, 1.1625
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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.