EUR/USD – Strong Bullish Structure | Watching 1.1745 Pivot Zone for Reentry
The Euro continues to trade in a well-defined bullish trend, supported by institutional demand and clear price structure.
After breaking above the 1.1684 resistance zone, EUR/USD extended toward 1.1818 and now approaches the next resistance at 1.1882. This level may act as a temporary cap, but if breached with momentum, the pair could target the 1.2075 zone next.
Bullish Order Blocks (BOBs) marked on the chart highlight previous accumulation zones where buyers stepped in aggressively. These areas are still valid for demand-based pullbacks.
Key Area to Watch – 1.1745 Pivot Zone:
This level serves as a potential reentry point if the price retraces. As long as EUR/USD holds above this zone, bullish momentum remains intact. A confirmed bounce here could resume the uptrend toward 1.1882 and beyond.
However, a clean break below 1.1745 could open the door for a deeper correction toward 1.1627 or even 1.1557, which is the next major support zone.
Key Levels:
Resistance: 1.1882, 1.2075
Pivot Zone: 1.1745
Support: 1.1627, 1.1557
The Euro continues to trade in a well-defined bullish trend, supported by institutional demand and clear price structure.
After breaking above the 1.1684 resistance zone, EUR/USD extended toward 1.1818 and now approaches the next resistance at 1.1882. This level may act as a temporary cap, but if breached with momentum, the pair could target the 1.2075 zone next.
Bullish Order Blocks (BOBs) marked on the chart highlight previous accumulation zones where buyers stepped in aggressively. These areas are still valid for demand-based pullbacks.
Key Area to Watch – 1.1745 Pivot Zone:
This level serves as a potential reentry point if the price retraces. As long as EUR/USD holds above this zone, bullish momentum remains intact. A confirmed bounce here could resume the uptrend toward 1.1882 and beyond.
However, a clean break below 1.1745 could open the door for a deeper correction toward 1.1627 or even 1.1557, which is the next major support zone.
Key Levels:
Resistance: 1.1882, 1.2075
Pivot Zone: 1.1745
Support: 1.1627, 1.1557
Technical & Macro Market Analyst specializing in Gold, U.S. Indices, and Forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Technical & Macro Market Analyst specializing in Gold, U.S. Indices, and Forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.