EUR/USD is holding above a rising trendline while price consolidates below the 1.1560–1.1570 resistance zone. A confirmed M30 breakout and close above this zone could strengthen the bullish setup, while rejection may send price back toward the marked supports. 
EURUSD
✅Key levels (must watch)
🌍Dollar firms ahead of US CPI: Markets are positioning for Wednesday's inflation release after softer US jobs data reduced expectations for an immediate Fed hike. A hotter CPI could support US yields and the dollar.
Disclaimer
This analysis is provided for educational and informational purposes only and does not constitute financial advice. Always manage your risk properly and perform your own analysis before entering any trade.
Off to you:
The structure remains constructive, but confirmation is important. I would watch the resistance breakout closely before considering the next move.
EURUSD ✅Key levels (must watch)
- 1st Resistance: 1.1560
- 2nd Resistance: 1.1570
- Support Zone: 1.1504–1.1483
🌍Dollar firms ahead of US CPI: Markets are positioning for Wednesday's inflation release after softer US jobs data reduced expectations for an immediate Fed hike. A hotter CPI could support US yields and the dollar.
Disclaimer
This analysis is provided for educational and informational purposes only and does not constitute financial advice. Always manage your risk properly and perform your own analysis before entering any trade.
Off to you:
The structure remains constructive, but confirmation is important. I would watch the resistance breakout closely before considering the next move.
Trade active
price breaks trendline now, bearish mode startsNote
US Dollar is gaining, CPI and Fed rate expectations are supporting the dollarNote
After 2 hours - US - Existing Home Sales release, This data is secondary clue for tomorrow CPI. If CPI came in hot as expected, our bearish target hit.This short bias is invalidated if price breaks and holds above Resistance Level 1.1570
Trade closed manually
EUR/USD - Now close around entry point, USD Macro is changing (USD looking weak) - i update new entry later 🔊🔊
🟢New Telegram Free Channel : telegram.me/kabhi_official
Contact Me @
Telegram - telegram.me/kabhidhan_official
Contact Me @
Telegram - telegram.me/kabhidhan_official
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.
🟢New Telegram Free Channel : telegram.me/kabhi_official
Contact Me @
Telegram - telegram.me/kabhidhan_official
Contact Me @
Telegram - telegram.me/kabhidhan_official
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.