EUR/USD: Tension at $1.10051
EUR/USD reveals a tense battle between buyers and sellers, as the price hovers around $1.10334.
Sellers are in control, pushing the price toward the critical support level at $1.10051. This is a key threshold: if broken, the price could plummet, opening up significant selling opportunities.
On the other hand, buyers haven’t given up yet. They’re striving to regain control and push the price back to the minor resistance at $1.10792.
If they can break through this level, a short-term recovery might unfold. But if unsuccessful, sellers will strengthen their position, driving the price even lower.
The situation grows more intense with key economic data from the U.S. and Europe set to be released, potentially shifting the market dynamics. Will EUR/USD break through support and dive lower, or will the buyers rally and turn the tide?
Sellers are in control, pushing the price toward the critical support level at $1.10051. This is a key threshold: if broken, the price could plummet, opening up significant selling opportunities.
On the other hand, buyers haven’t given up yet. They’re striving to regain control and push the price back to the minor resistance at $1.10792.
If they can break through this level, a short-term recovery might unfold. But if unsuccessful, sellers will strengthen their position, driving the price even lower.
The situation grows more intense with key economic data from the U.S. and Europe set to be released, potentially shifting the market dynamics. Will EUR/USD break through support and dive lower, or will the buyers rally and turn the tide?
🚀 Join my Telegram channel now: t.me/+vAVaVA4Z5rFlMDVl to receive super-fast and super-accurate trading signals 📈. With a win rate of up to 85%, success is just a click away! 🔥
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.