SasanSeifi 💁‍♂EUR/USD 4h 🧐Key Levels to Watch

7 במאי

After a correction from the supply zone and a correction based on the latest analysis, the price faced demand again and was able to rise to the target of 1.080.

Currently, by examining the EURUSD chart, as you can see, after rising to the desired target, the price is trading in a range of around 1.077. There is a possibility of further correction in the medium and long term.

In the meantime, I expect the price to rise to the supply zone and order block area. Then, we can look for selling opportunities between the price ranges of 1.083 and 1.085. In case of further growth, to better understand the continuation of the trend, we need to see how the price reacts to the mentioned ranges. Confirmation of the sell is very important.

The previous analysis 👇

This is not financial advice. Always do your research before making any investment decisions.

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