Hello traders! Here’s my technical outlook based on the current EURUSD (1H) chart structure. EURUSD previously traded inside a range before breaking below support, confirming a bearish continuation. After reaching the 1.1420 Demand Zone, buyers stepped in and price formed a steady ascending channel, signaling a gradual recovery. The latest pullback found support near the lower boundary of the channel, keeping the bullish structure intact.
Currently, EURUSD is trading above the 1.1420 Demand Zone while remaining below the 1.1480 Supply Zone. Price continues to respect the ascending channel, suggesting buyers still have the advantage despite the recent correction.
As long as EURUSD remains above the 1.1420 Demand Zone and continues respecting the ascending channel, the bullish scenario remains valid. A continuation higher could push price toward the 1.1480 Supply Zone (TP1). Manage your risk!
Currently, EURUSD is trading above the 1.1420 Demand Zone while remaining below the 1.1480 Supply Zone. Price continues to respect the ascending channel, suggesting buyers still have the advantage despite the recent correction.
As long as EURUSD remains above the 1.1420 Demand Zone and continues respecting the ascending channel, the bullish scenario remains valid. A continuation higher could push price toward the 1.1480 Supply Zone (TP1). Manage your risk!
交易开始
At this stage, we have a good reaction from buyers, the support has held up. I hope that this development will continue in the future!
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🔶 Free telegram channel👉 t.me/heniitrading
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 t.me/henii_trader
💎 I'm open for cooperation/advertising, not interested in rebate
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 t.me/henii_trader
💎 I'm open for cooperation/advertising, not interested in rebate
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。