EUR/USD is currently reacting from a strong daily demand zone around 1.1500–1.1535.
Price has shown a clear rejection from this area, suggesting that buyers are defending the zone. As long as this support remains valid, I am looking for a continuation toward the 1.1765 resistance area.
Trade Setup
🟢 Entry: 1.1535–1.1540
🔴 Stop Loss: 1.1453
🎯 Take Profit: 1.1765
⚖️ Risk/Reward: ~1:2.8
Technical Confluence
• Strong historical demand zone
• Multiple previous reactions from the same area
• Recent bullish recovery from the lows
• Potential liquidity sweep below previous lows
• 1.1765 remains the main resistance/target
Invalidation: A daily close below 1.1453 would invalidate the bullish setup.
I will be watching how price behaves around the demand zone before considering further upside.
Price has shown a clear rejection from this area, suggesting that buyers are defending the zone. As long as this support remains valid, I am looking for a continuation toward the 1.1765 resistance area.
Trade Setup
🟢 Entry: 1.1535–1.1540
🔴 Stop Loss: 1.1453
🎯 Take Profit: 1.1765
⚖️ Risk/Reward: ~1:2.8
Technical Confluence
• Strong historical demand zone
• Multiple previous reactions from the same area
• Recent bullish recovery from the lows
• Potential liquidity sweep below previous lows
• 1.1765 remains the main resistance/target
Invalidation: A daily close below 1.1453 would invalidate the bullish setup.
I will be watching how price behaves around the demand zone before considering further upside.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.