EURUSD Market Overview
EURUSD is currently reacting strongly from a well-defined demand/support base, following an extended downside leg.
The lower trendline and psychological support are holding firm, indicating potential for a corrective bullish leg towards the mid-range resistance zone if price sustains above 1.1650.
Key Scenarios
✅ Bullish Case 🚀 →
🎯 Target 1: 1.1683
🎯 Target 2: 1.1713
🎯 Target 3: 1.1778 (major rejection zone retest)
❌ Bearish Case 📉 →
Invalidation below 1.1640 (clean break under support).
Current Levels to Watch
Resistance 🔴: 1.1713 / 1.1778
Support 🟢: 1.1645 / 1.1660
⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.
Trade closed: stop reached
invalid setup
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.