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"Price Action Alert: EUR/USD Retesting Critical Levels!"

185
EUR/USD (1H) Technical Analysis


- Price Action: EUR/USD is currently trading around 1.08360, consolidating after a recent rally.

- Key Levels:
- Support Zone:
1.0760 - 1.0780 (potential bounce area)
- Demand Zone: 1.06988 - 1.06208 (stronger support if price drops further)
- Target Area: 1.08728 (potential resistance)

- Outlook: If the price retests the support area and holds, a bullish move toward 1.08728 is likely. However, a break below this zone could lead to a deeper pullback into the demand zone.

📊 Watch for bullish confirmation at support before entering long positions.

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