Euro / US-Dollar
Short

EURUSD – First Outlook | Price Testing Supply Again – Weakening

122
On the Daily timeframe, EURUSD is currently reacting to a Fresh Supply Zone that was tapped once before — and now for the second touch, price is sitting inside the H4 Supply Zone. What stands out here is the reduced strength from buyers compared to the previous approach, despite the bullish macro structure still holding.

Because of that, I’m waiting for a clean break of the ascending trendline on H4 to validate a corrective move.
The first downside zone of interest sits at 1.17070 – 1.16821.
If this zone becomes engulfed, then — after a retracement — price may aim toward the deeper support at 1.16573 – 1.16300.

On the bullish side, if we see a confirmed candle close above 1.18095 on H4, continuation of the upward leg becomes the active scenario.
More aggressive traders may even consider confirmation from a 1H close — but for structural reliability, 4H remains the benchmark.

This is not a trading signal — it is a market perspective based on my RTM approach, where price forecasting is driven by unfilled institutional orders left behind in the market.

If this breakdown helps you view the chart differently, stay tuned — updates will follow as structure reveals more.

`Pouryaabdi

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.