From TradingView · · 40s
EURUSD Technical Analysis
EURUSD price near key resistance zone with potential for short-term move.
In brief
EURUSD price near key resistance zone with potential for short-term move. EURUSD may reject 1.1248-1.1263 resistance or break through it for next move. Originally reported by TradingView.
EURUSD Technical Analysis
EURUSD shows short-term bullish recovery after sharp downside move.
Key Resistance Zone
Price approaches 1.1248-1.1263 resistance zone for potential selling pressure.
Buy-Side Liquidity
1.1243 previous high area may attract price before reaction.
Support Zone
1.1155-1.1162 support zone may become relevant if price moves lower.
Bullish Scenario
Price breaks above resistance zone to extend recovery with strong momentum.
What matters most
EURUSD may reject 1.1248-1.1263 resistance or break through it for next move.
