EUR/USD – Breakout or Fakeout? Key Levels to Watch!

14 lut

Hello again

EUR/USD has been pushing higher, testing a key resistance zone. The question is will it break through or get rejected?

📌 Here’s what I’m watching:

1.0541 is the key level price is hovering around. A clean break could push us towards 1.0644 & 1.0747.
If it fails to hold, we might see a retest of 1.0450 and 1.0427.


👀 My Take:
If price stays above 1.0541, we could see bullish continuation. But if we drop below 1.0450, then this might have just been a fakeout before heading lower.

6 dni temu

Zlecenie aktywne

Market Update – Key Close Levels

Today's closing price is crucial. If we close above 1.04477, there’s a 75% probability of a bullish move tomorrow. However, a close below this level could be bearish move .
lets wait and see .

5 dni temu

Uwaga

As expected, the price hit 1.04276, a key level we were watching. Now, to confirm a potential bullish shift, we need a Daily close above 1.04347.
Key Scenarios:

✔ Bullish Case: If we close above 1.04347, it increases the probability of a rebound, and we’ll need to update our stars and key levels accordingly. This could set the stage for further upside.

❌ Bearish Case: A failure to close above 1.04347 would keep the bearish momentum intact. If 1.04276 breaks, we may see further downside, requiring a fresh analysis.

4 dni temu

Transakcja zamknięta: osiągnięto wyznaczony cel

Check Our update guys