After a swift rebound from early-July’s fair value gap (FVG), EUR/USD is now locking horns with the 1.1800 level – a psychological barrier that has twice denied upside momentum since June. The pair maintains a bullish market structure, with demand zones being consistently respected and previous FVGs efficiently filled.
But here’s the catch: 1.1800 has been a graveyard for breakout attempts, and bears have proven they’re not giving in without a fight. Traders now face a strategic conundrum: chase the breakout and risk slippage, or re-enter on a potential pullback toward the next FVG?
The next few sessions could define directional conviction for August. Stay agile – and let price lead.
But here’s the catch: 1.1800 has been a graveyard for breakout attempts, and bears have proven they’re not giving in without a fight. Traders now face a strategic conundrum: chase the breakout and risk slippage, or re-enter on a potential pullback toward the next FVG?
The next few sessions could define directional conviction for August. Stay agile – and let price lead.
Trade like you mean it – because every second matters.
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📊 Instant insights.
📬 Precision signals.
👨🏫 Real coaching. Real results.
👉🏻Join here: t.me/+jBAj1Jdf4vY1NzM1
Related publications
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.
Trade like you mean it – because every second matters.
📊 Instant insights.
📬 Precision signals.
👨🏫 Real coaching. Real results.
👉🏻Join here: t.me/+jBAj1Jdf4vY1NzM1
📊 Instant insights.
📬 Precision signals.
👨🏫 Real coaching. Real results.
👉🏻Join here: t.me/+jBAj1Jdf4vY1NzM1
Related publications
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.