EURUSD: Bullish Push to 1.195?

Feb 17

EURUSD is eyeing a bullish continuation on the 4-hour chart, with price rebounding from support after a breakout candle near resistance, converging with a potential entry zone that could fuel upside momentum if buyers hold amid recent volatility. This setup suggests a rally opportunity post-pullback, targeting higher levels with more than 1:2.5 risk-reward.🔥

Entry between 1.178–1.180 for a long position. Target at 1.195. Set a stop loss at a close below 1.176, yielding a risk-reward ratio of more than 1:2.5. Monitor for confirmation via a bullish candle close above entry with rising volume, leveraging the pair's momentum near support.🌟

Fundamentally, EURUSD is trading around 1.182 in mid-February 2026, with key events on Tuesday February 17 potentially driving volatility. For the Euro, the German ZEW Economic Sentiment (Feb) at 10:00 AM UTC (forecast 59.6) and Eurozone ZEW Economic Sentiment (Feb) at 10:00 AM UTC (forecast 40.8) are critical, where stronger confidence could bolster EUR amid growth optimism. For the US Dollar, the Empire State Manufacturing Survey (Feb) at 8:30 AM ET for regional activity insights, and FOMC Minutes release at 2:00 PM ET, detailing January's policy discussions, could strengthen USD if hawkish.

📝 Trade Setup

🎯 Entry (Long):
1.178 – 1.180

🎯 Target:
• 1.195

❌ Stop Loss:
• Close below 1.176

⚖️ Risk-to-Reward:
• > 1:2.5

💡 Your view?
Does EURUSD extend toward 1.195 after this pullback, or will USD strength cap the rally near resistance? 👇

Feb 17

Trade active

The position was activated.

Feb 23

Note

The SL is not activated due to the daily close is not below the stop loss level. But, be carful.

Feb 23

Trade closed manually

The position was closed with around 19 pip loss.

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