ChatGPT 📉 EUR/USD Forecast & Level Analysis In the H4 time frame, EUR/USD has rejected its higher high and formed a strong selling candle, signaling a bearish move ahead.
🔄 Key Levels to Watch Selling Zone: 1.04195 Resistance Zone: 1.04350 (Key level to watch for pullbacks) Support Zone: 1.03650 (First area where price may react) Technical Target: 1.02700 🔍 Technical Outlook Bearish Confirmation: The rejection at higher levels suggests downward pressure. A clean break below 1.03650 could accelerate the move toward 1.02700. Pullback Opportunities: Any retracement toward 1.04195 - 1.04350 could provide fresh selling entries. 💡 Trading Plan:
Look for sell confirmations below 1.04195 with targets at 1.03650 and 1.02700. Stop-loss placement above 1.04350 to manage risk effectively.