EUR/USD Market Analysis
Trend: Bearish
Pattern: Strong downward momentum observed after recent highs around 1.1570
Sell Entry Zone: Confirmed with bearish momentum
Target Levels:
1st Target: 1.11000 – Key psychological and technical level
2nd Target: 1.09100 – Near the 55-day SMA, strong historical support
Final Target: 1.07500 – Close to 200-day SMA and March lows
Stop Loss: 1.15500 – Just below the recent high (1.1570), to limit upside risk.
Trend: Bearish
Pattern: Strong downward momentum observed after recent highs around 1.1570
Sell Entry Zone: Confirmed with bearish momentum
Target Levels:
1st Target: 1.11000 – Key psychological and technical level
2nd Target: 1.09100 – Near the 55-day SMA, strong historical support
Final Target: 1.07500 – Close to 200-day SMA and March lows
Stop Loss: 1.15500 – Just below the recent high (1.1570), to limit upside risk.
Trade active
Keep Holding Guys Market Is Ready to aggressive selling.
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.
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.