EUR/USD: Uptrend Continues — Targeting 1.1859**
Market Overview:
EUR/USD has bounced off the 1.1570–1.1540 support zone, confirming the integrity of the uptrend. The pair remains inside a rising channel and is approaching key resistance on the D1 level.
Technical Signals & Formations:
— EMA(144) on 8H acts as dynamic support
— Key support at 1.1570–1.1540 held strong
— Bullish momentum targets the 1.1859 resistance (D1)
— Bullish candlestick pattern formed on rebound
Key Levels:
Support: 1.1570, 1.1540
Resistance: 1.1859 (D1)
Scenario:
Primary: continuation toward 1.1859
Alternative: if 1.1540 breaks, possible retracement to 1.1450
Market Overview:
EUR/USD has bounced off the 1.1570–1.1540 support zone, confirming the integrity of the uptrend. The pair remains inside a rising channel and is approaching key resistance on the D1 level.
Technical Signals & Formations:
— EMA(144) on 8H acts as dynamic support
— Key support at 1.1570–1.1540 held strong
— Bullish momentum targets the 1.1859 resistance (D1)
— Bullish candlestick pattern formed on rebound
Key Levels:
Support: 1.1570, 1.1540
Resistance: 1.1859 (D1)
Scenario:
Primary: continuation toward 1.1859
Alternative: if 1.1540 breaks, possible retracement to 1.1450
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Disclaimer
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Stop losing money on random trades. Get ready-to-use signals with entry, stop-loss, and targets. Over +1100% profit. 1 month free. Simple. Clear. Profitable.
Join now: t.me/+ve3cSINHpoowNDIy
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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.