EURUSD The euro is showing renewed strength near 1.1600, hinting at a possible continuation toward 1.1640 if short-term momentum holds. Support remains firm around 1.1580, while traders monitor U.S. data and ECB tone for further cues on direction.
For educational purposes only not financial advice.
Price is testing the 61.8% Fibonacci retracement level aligning with a key swing low support. RSI shows bullish divergence, indicating potential reversal from oversold conditions. A bullish order block and nearby Fair Value Gap (FVG) add confluence for a possible upward move.
Price is consolidating near a minor demand zone just below equilibrium, showing signs of accumulation. Hidden bullish RSI divergence suggests possible continuation toward higher liquidity levels. A previously unmitigated order block overlapping an FVG supports early long positioning.
Price is approaching the 1.272 Fibonacci extension level aligning with a significant swing high resistance. RSI bearish divergence signals weakening bullish strength at premium pricing. A strong supply order block and bearish FVG hint at a potential correction from this area.
Liquidity sweep above recent intraday highs indicates a potential shift in order flow. A fresh bearish order block has formed within a short-term supply zone near equilibrium. Rejection wicks on lower timeframes confirm sellers are defending this region aggressively.
Disclaimer: Always use proper risk management and validate setups with live price action before taking any trade.
EURUSD UPDATE Price broke out of the downtrend and has now fallen back inside the trendline. We currently see USD strength dominating the Euro — momentum favors sells. There are still lower liquidity zones that need to be cleared. I’m in on the sells, targeting those areas. Stay disciplined and let the market play out. 📉
EURUSD UPDATE Looking for sells. As traders, we act not react. The previous setup confirmation is now invalid, so stay patient and wait for clean entries.