📊 Technical Analysis
● EUR/USD rebounded sharply from the medium-term support area near 1.1680, breaking the descending channel and reclaiming the rising support line, which signals a structural shift toward higher lows.
● Price is consolidating inside a descending wedge after the impulse move, suggesting a bullish continuation toward the upper resistance zone if the wedge resolves upward.
💡 Fundamental Analysis
● The euro is supported by easing USD momentum amid softer US data expectations and a more balanced Fed outlook, improving risk sentiment in favor of EUR.
✨ Summary
● Bullish medium-term bias. Key support: 1.1680–1.1700. Upside targets: 1.1738 → 1.1758, with continuation favored while above rising support.
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● EUR/USD rebounded sharply from the medium-term support area near 1.1680, breaking the descending channel and reclaiming the rising support line, which signals a structural shift toward higher lows.
● Price is consolidating inside a descending wedge after the impulse move, suggesting a bullish continuation toward the upper resistance zone if the wedge resolves upward.
💡 Fundamental Analysis
● The euro is supported by easing USD momentum amid softer US data expectations and a more balanced Fed outlook, improving risk sentiment in favor of EUR.
✨ Summary
● Bullish medium-term bias. Key support: 1.1680–1.1700. Upside targets: 1.1738 → 1.1758, with continuation favored while above rising support.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
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Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.