◼In the 1-hour timeframe, we can see that the price has dropped from the significant resistance level at 1.10 and is currently fluctuating positively, trading around the price range of 1.084. It is currently being traded at 1.094.💹
◼Here's a possible scenario to consider: If the price manages to stay below the resistance levels of 1.095 / 1.098, we may see a more significant correction toward the support range of 1.084 / 1.080 / 1.078. To gain a better understanding of the price's future movement, it's important to observe how it reacts to these resistance levels.💹 On the other hand, if the price consolidates above the resistance levels, there is a higher chance of further growth.❗
⭕Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach.
🔹Wishing you loads of success in your trading adventures, my friend❗
❎ (DYOR)...⚠️⚜️ Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you! 🙌
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Hey there,😎 According to the latest analysis, the price has faced a correction of about 68 pips 🔥from the price range of 1.096 so far. Cheers 🍻✌
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Hey there,😎 ✅125 pips 🔥 🔱As you can see, according to the latest price scenario, the price has experienced a correction of approximately 125 pips towards the first intended corrective target.✌