Market next move

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🔍 Original Analysis Summary:

Bearish Setup: Price is expected to break down from the small consolidation area (highlighted in red box).

Projection: A drop toward the lower target zone (~1.13200–1.13300).

Trigger: Likely based on rejection from minor resistance and upcoming U.S. economic data (flag icons).



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⚠️ Disruption (Bullish/Neutral Counter-View):

1. Support Holding Firm

The price has tested the red box area multiple times without a clear breakdown.

This could signal strong demand/support around 1.13600, invalidating the bearish momentum.



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2. Volume Spike on Bullish Candles

Notable bullish volume spikes suggest buyers are stepping in at current levels, defending support.



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3. Potential Bullish Reversal Pattern

The red box resembles a bullish flag or rectangle, often a continuation pattern — not necessarily a bearish signal.

If price breaks above 1.13700, it may trigger buy stop orders, fueling a rally.



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4. Favorable Euro Fundamentals

The eurozone flag icon suggests EU news is also pending. If this is hawkish or better than expected, EUR/USD could rally sharply, invalidating the bearish outlook.

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