The EURUSD H1 chart is clearly moving below a declining trendline. The price is currently around 1.14489, and although there has been a slight rebound, it remains below the Ichimoku zone around 1.14731, indicating that buyers haven't yet regained control.
The 1.14500 zone is currently the nearest resistance. If the price rebounds to this area but is rejected again, selling pressure could return and push EURUSD down to the 1.14000 zone. This is also a crucial support zone marked on the chart.
Notably, the bearish structure remains very clean: the price creates progressively lower rebounds, while the upper trendline continuously acts as a barrier. With the USD remaining strong, short rebounds in EURUSD are more likely to become selling opportunities than reversal signals.
Reference Strategy:
SELL: 1.14480 – 1.14500
SL: above 1.14750
TP: 1.14000
Conclusion: As long as EURUSD remains below 1.14500, the short-term trend remains bearish.
The 1.14500 zone is currently the nearest resistance. If the price rebounds to this area but is rejected again, selling pressure could return and push EURUSD down to the 1.14000 zone. This is also a crucial support zone marked on the chart.
Notably, the bearish structure remains very clean: the price creates progressively lower rebounds, while the upper trendline continuously acts as a barrier. With the USD remaining strong, short rebounds in EURUSD are more likely to become selling opportunities than reversal signals.
Reference Strategy:
SELL: 1.14480 – 1.14500
SL: above 1.14750
TP: 1.14000
Conclusion: As long as EURUSD remains below 1.14500, the short-term trend remains bearish.
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
LEVEL UP YOUR TRADING
👉t.me/+NBWGUpNcAxsyYjRl
Signals & setups to boost your edge
Free trading plans to follow
Real-time market insights
👉t.me/+NBWGUpNcAxsyYjRl
Signals & setups to boost your edge
Free trading plans to follow
Real-time market insights
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.