EURUSD NEXT POSSIBLE MOVE

10 jam yang lalu

EURUSD

Here’s a detailed description for today’s bullish view in EUR/USD:

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### **Title**
*"EUR/USD Intraday Analysis: Bulls Maintain Momentum | Dollar Weakens"*

#### **Market Context**
*"EUR/USD extends its recovery for another session, supported by a softer U.S. dollar. Optimism around potential dovish Fed commentary and improving Eurozone data lifts the pair. Traders are eyeing key economic releases for further direction."*

#### **Technical Analysis**
*"Today's buy view is supported by key bullish signals:
- **Trend Structure**: Higher lows and higher highs suggest an uptrend continuation.
- **EMA Dynamics**: Price holds above the 20 and 50 EMAs, signaling sustained buying interest.
- **RSI**: Rising above 55, indicating strengthening bullish momentum.
- **MACD**: Positive histogram bars are widening, reinforcing the upward bias.

**Key Levels**:
- **Resistance**: 1.0630 (immediate), 1.0655 (critical level).
- **Support**: 1.0600 (intraday), 1.0585 (key level). A break below 1.0585 would weaken the bullish outlook."*

#### **News Context**
*"Upcoming: U.S. ISM Services PMI and Eurozone Sentix Investor Confidence are pivotal events.
Previous: A dip in U.S. Treasury yields and weak dollar sentiment support EUR/USD gains."*

#### **Call to Action**
*"Will EUR/USD break key resistance levels, or will sellers regain control? Share your views and trading setups below!"*

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