EUR/USD Breakout Imminent? Key Resistance in Focus!

13 Feb

📊 EUR/USD Daily Chart Analysis – Bullish Breakout Incoming? 🚀
🔹 Key Levels:

Resistance Zone (Blue Box): Around 1.0450 - 1.0500
Support Zone (Red Box): Around 1.0250 - 1.0300
200 EMA (Red Line): Acting as a dynamic resistance near 1.0663
🔹 Price Action & Structure:

Price is testing a strong resistance zone (blue box) after multiple failed attempts.
A clean breakout above this level could trigger a bullish rally towards 1.0600 - 1.0700 (next resistance).
If rejected, a pullback towards 1.0300 before another attempt is possible.
🔹 Market Sentiment & Bias: ✅ Higher lows forming = bullish pressure building. ✅ Break and retest scenario likely, as indicated by the projection. ✅ 200 EMA remains a key target for bulls.

📈 Potential Trade Setup:

Breakout above 1.0500 → Buy opportunity
Rejection → Short-term pullback before another attempt
🎯 Bullish Confirmation Above 1.0500 📊💹

16 Feb

Trade aktif

🚀 EUR/USD Breaks Resistance – What's Next?

The market has finally broken through the key resistance zone! 🔥 Now, the big question is: Will we see a clean retest and continuation higher, or was this a fake breakout?

📉 Scenario 1: A pullback to the broken resistance (now support) before a strong bullish move.
🚨 Scenario 2: A false breakout, trapping buyers and reversing back below.

Let’s see how the market reacts—confirmation is key! 📊🔥