📊 Technical Analysis
● EUR/USD rebounded from 1.1660 support and is testing the descending channel’s upper boundary.
● A breakout above 1.1750 could trigger momentum toward 1.1820, with 1.1659 as key downside invalidation.
💡 Fundamental Analysis
● Dollar weakness persists as markets anticipate softer U.S. inflation data, while euro strength is supported by improved Eurozone consumer sentiment.
✨ Summary
EUR/USD targets 1.1750–1.1820 after rebounding from 1.1660 support. A breakout signals bullish continuation, while a drop below 1.1659 invalidates the setup.
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● EUR/USD rebounded from 1.1660 support and is testing the descending channel’s upper boundary.
● A breakout above 1.1750 could trigger momentum toward 1.1820, with 1.1659 as key downside invalidation.
💡 Fundamental Analysis
● Dollar weakness persists as markets anticipate softer U.S. inflation data, while euro strength is supported by improved Eurozone consumer sentiment.
✨ Summary
EUR/USD targets 1.1750–1.1820 after rebounding from 1.1660 support. A breakout signals bullish continuation, while a drop below 1.1659 invalidates the setup.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
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Penafian
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Penerbitan berkaitan
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.