Fundamental Analysis
EURUSD is still reacting to USD momentum and upcoming U.S. macro data. For now, the short-term structure remains positive while price continues to hold inside the rising channel.
Technical Analysis
On the 2H chart, EURUSD is trading around 1.1426 and still respecting the bullish channel structure. The key buy order trendline zone is around 1.1418 - 1.1426. If price holds this area, buyers may continue to defend the trend and push price toward the liquidity zone at 1.1448, then the mid-channel resistance around 1.1458. A stronger breakout above this area may open the way toward the main target at 1.1526.
Important Key Levels
Current price: 1.1426
Main buy zone: 1.1418 - 1.1426
Short-term support: 1.1400
Liquidity resistance: 1.1448
Mid-channel resistance: 1.1458
Main target: 1.1526
Invalidation: below 1.1400
Trading Scenario
Main Buy Setup
Entry: 1.1418 - 1.1426
Stop Loss: 1.1400
Take Profit 1: 1.1448
Take Profit 2: 1.1458
Take Profit 3: 1.1526
Buy Condition
Wait for price to retest the 1.1418 - 1.1426 buy zone and show bullish rejection. A clean hold above this trendline area keeps the bullish setup valid. If price breaks above 1.1448, upside momentum becomes stronger toward 1.1458 and 1.1526. If price breaks and holds below 1.1400, the buy setup is invalid.
Overall View
EURUSD remains bullish while price stays inside the rising channel and holds above the buy order trendline zone. The preferred plan is to wait for confirmation around 1.1418 - 1.1426, then look for continuation toward 1.1448, 1.1458, and 1.1526.
Do you share the same bullish view on EURUSD, or are you waiting for confirmation above 1.1448 first?
📊 XAU Macro Pulse · XAUUSD · GBPUSD · EURUSD
Every setup earns its place on the chart.
🔔 Follow the structure. The rest is noise.
Personal analysis only t.me/+TxpetmVvKGhjZDhl
Every setup earns its place on the chart.
🔔 Follow the structure. The rest is noise.
Personal analysis only t.me/+TxpetmVvKGhjZDhl
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📊 XAU Macro Pulse · XAUUSD · GBPUSD · EURUSD
Every setup earns its place on the chart.
🔔 Follow the structure. The rest is noise.
Personal analysis only t.me/+TxpetmVvKGhjZDhl
Every setup earns its place on the chart.
🔔 Follow the structure. The rest is noise.
Personal analysis only t.me/+TxpetmVvKGhjZDhl
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.