Euro / U.S. Dollar (EUR/USD) pair on a Daily (1D) timeframe.

3月11日

Euro / U.S. Dollar (EUR/USD) pair on a Daily (1D) timeframe.

Chart Details:

Exchange/Data Source: FOREX.com

Current Price: Around 1.09427

Recent Price Movement:

The chart shows a strong downward trend followed by a recovery.

Price has entered a potential entry zone, marked in green, suggesting a possible bullish reversal.



Key Levels:

Support Zone (Entry Zone): 1.08767 - 1.09427

Resistance Levels:

1.09986

1.10398

1.10697

1.11035

1.11373

1.12010 (Final Target)



Expected Price Action:

The chart suggests a bullish structure, with price expected to move upwards after testing the entry zone.

The zig-zag arrows indicate a potential higher-high and higher-low formation, leading to an upside breakout.


Trading Idea:

Potential Buy Entry: 1.08767 - 1.09427 (Entry Zone)

First Target: 1.09986

Second Target: 1.10697

Third Target: 1.11373

Final Target: 1.12010

Invalidation Level (Stop-Loss): Below 1.08767


This setup suggests a bullish continuation, but confirmation with additional indicators (like RSI, MACD) is recommended before entering a trade!

3月12日

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