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Lingrid | EURUSD possible REVERSAL Zone After Correction

respected the support at the higher low and rebounded, holding the upward trendline. Price is currently compressing near the 1.114 zone after a sharp pullback from the resistance. If buyers maintain strength above the trendline, a continuation toward 1.1350 is likely in the coming sessions.

📌 Key Levels

Support: 1.11429
Intermediate resistance: 1.12384
Target: 1.13500

⚠️ Risks

Failure to hold above the trendline may retest 1.114
Breakdown could expose the pair to 1.07389
Prolonged consolidation might weaken bullish momentum

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

Lingrid

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Lingrid

🔥 Daily GOLD and Forex updates with 20,000+ active traders:
t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j

Мои профили: