EURUSD is currently reacting from a strong support zone on the 4H timeframe after sweeping liquidity below the channel structure. Price is showing signs of buyer strength, and a breakout above the descending trendline could trigger a bullish continuation toward higher targets.
The support area remains the key zone for bullish confirmation. If buyers maintain control above support, the market may continue pushing toward the 1.1850 target area.
📌 Key Support Zone: 1.1580 - 1.1600
🎯 Bullish Target: 1.1852
⚠️ Fake breakouts and liquidity grabs are possible before the actual move. Proper risk management is recommended.
This analysis is based on market structure, liquidity concepts, and price action confirmation.
Not Financial Advice — Trade Responsibly.
The support area remains the key zone for bullish confirmation. If buyers maintain control above support, the market may continue pushing toward the 1.1850 target area.
📌 Key Support Zone: 1.1580 - 1.1600
🎯 Bullish Target: 1.1852
⚠️ Fake breakouts and liquidity grabs are possible before the actual move. Proper risk management is recommended.
This analysis is based on market structure, liquidity concepts, and price action confirmation.
Not Financial Advice — Trade Responsibly.
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.