Hello traders! Here’s my technical outlook based on the current EURUSD (1H) chart structure. EURUSD previously traded inside a range before breaking below support, confirming a bearish continuation. After reaching the 1.1420 Demand Zone, buyers stepped in and price formed a steady ascending channel, signaling a gradual recovery. The latest pullback found support near the lower boundary of the channel, keeping the bullish structure intact.
Currently, EURUSD is trading above the 1.1420 Demand Zone while remaining below the 1.1480 Supply Zone. Price continues to respect the ascending channel, suggesting buyers still have the advantage despite the recent correction.
As long as EURUSD remains above the 1.1420 Demand Zone and continues respecting the ascending channel, the bullish scenario remains valid. A continuation higher could push price toward the 1.1480 Supply Zone (TP1). Manage your risk!
Currently, EURUSD is trading above the 1.1420 Demand Zone while remaining below the 1.1480 Supply Zone. Price continues to respect the ascending channel, suggesting buyers still have the advantage despite the recent correction.
As long as EURUSD remains above the 1.1420 Demand Zone and continues respecting the ascending channel, the bullish scenario remains valid. A continuation higher could push price toward the 1.1480 Supply Zone (TP1). Manage your risk!
Giao dịch đang hoạt động
At this stage, we have a good reaction from buyers, the support has held up. I hope that this development will continue in the future!
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💎 I'm open for cooperation/advertising, not interested in rebate
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💎 I'm open for cooperation/advertising, not interested in rebate
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Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.