From TradingView · · 30s
EURUSD Bullish Setup from Demand Zone
EURUSD shows bullish recovery near 1.1210 with targets up to 1.1268.
In brief
EURUSD shows bullish recovery near 1.1210 with targets up to 1.1268. EURUSD price action supports a bullish recovery toward 1.1268 after testing demand zone at 1.1210. Originally reported by TradingView.
EURUSD Testing Support Zone
EURUSD is currently testing a well-defined support and demand area near 1.1210.
Bullish Recovery Targets
Price continues to respect this zone while maintaining the possibility of a bullish recovery toward nearby resistance levels.
Bullish Invalidation Level
Sustained weakness below 1.1185 would weaken the bullish outlook shown on the chart.
The essence
EURUSD price action supports a bullish recovery toward 1.1268 after testing demand zone at 1.1210.
