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Lingrid | EURUSD possible REVERSAL Zone After Correction

1 405
EURUSD respected the support at the higher low and rebounded, holding the upward trendline. Price is currently compressing near the 1.114 zone after a sharp pullback from the resistance. If buyers maintain strength above the trendline, a continuation toward 1.1350 is likely in the coming sessions.

📌 Key Levels
  • Support: 1.11429
  • Intermediate resistance: 1.12384
  • Target: 1.13500

⚠️ Risks
  • Failure to hold above the trendline may retest 1.114
  • Breakdown could expose the pair to 1.07389
  • Prolonged consolidation might weaken bullish momentum

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Lingrid
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signalssignalserivcesignalsproviderTrend Analysis
Lingrid
🔥 Daily GOLD and Forex updates with 20,000+ active traders:
t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j
更多:

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。