This chart represents a technical analysis of EUR/USD on the 1-hour timeframe, highlighting key support and resistance levels.
Key Analysis:
Resistance Level: Marked around 1.09500, this level serves as a potential selling zone where price may struggle to break higher.
Support Level: Identified near 1.08000, this is a demand area where buying pressure may emerge.
Current Price: EUR/USD is trading at approximately 1.09183, near the resistance zone.
Expected Price Movement: The analysis suggests a potential rejection from resistance, leading to a downward move toward the support zone.
Outlook:
The market structure indicates a possible bearish retracement from resistance. If the price fails to break above 1.09500, a short-selling opportunity may arise with a target around 1.08000. However, if the resistance is broken, further upside momentum could be expected.
Key Analysis:
Resistance Level: Marked around 1.09500, this level serves as a potential selling zone where price may struggle to break higher.
Support Level: Identified near 1.08000, this is a demand area where buying pressure may emerge.
Current Price: EUR/USD is trading at approximately 1.09183, near the resistance zone.
Expected Price Movement: The analysis suggests a potential rejection from resistance, leading to a downward move toward the support zone.
Outlook:
The market structure indicates a possible bearish retracement from resistance. If the price fails to break above 1.09500, a short-selling opportunity may arise with a target around 1.08000. However, if the resistance is broken, further upside momentum could be expected.
עסקה פעילה
First step is buy
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t.me/ForexExpert377
🔥 What You’ll Get:
✅ Daily Forex signals with high accuracy
✅ Technical & fundamental analysis
✅ Risk management tips to protect your capital
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t.me/ForexExpert377
🔥 What You’ll Get:
✅ Daily Forex signals with high accuracy
✅ Technical & fundamental analysis
✅ Risk management tips to protect your capital
📩 Join now and start winning
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כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.