My analysis:
🎯1. Long Take-Profit Target: $1.08356 (0.786%) 🎯
🎯2. Short Take-Profit Target:$1.04575 (1) 🎯
📈If the price accelerates and breaks through our current price action level, we could witness higher moves for EUR/USD, possibly targeting the swing high or supply level. 🚀💹+ price action closes and opens higher than our previous daily bullish candle 🕯 nothing indicates that price action will reverse bearish. Pay attention to the open of next candle to enter wisely and chose whether you enter or wait.
📈 On the other hand, if price rejects, which remains a possibility if the US dollar doesn't weaken against the euro, we're looking at a potential retracement to the liquidity/demand zone, aiming for the swing low on the daily timeframe. 📉💱
Trade wisely and seize the opportunities! 🚀📉💼
🎯1. Long Take-Profit Target: $1.08356 (0.786%) 🎯
🎯2. Short Take-Profit Target:$1.04575 (1) 🎯
📈If the price accelerates and breaks through our current price action level, we could witness higher moves for EUR/USD, possibly targeting the swing high or supply level. 🚀💹+ price action closes and opens higher than our previous daily bullish candle 🕯 nothing indicates that price action will reverse bearish. Pay attention to the open of next candle to enter wisely and chose whether you enter or wait.
📈 On the other hand, if price rejects, which remains a possibility if the US dollar doesn't weaken against the euro, we're looking at a potential retracement to the liquidity/demand zone, aiming for the swing low on the daily timeframe. 📉💱
Trade wisely and seize the opportunities! 🚀📉💼