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by u/jihu_y·1moAnalysis

Key levels for EURUSD

For $EURUSD, I'm marking 1.1400 as the immediate support and 1.1450 as the resistance. A clear break on either side will likely dictate the next 50-100 pips. Currently trapped in the middle.

3 comments · 7 points

3 Comments

u/yousef.sultan·1mo

I agree with those levels. 1.1400 has been holding pretty strong, and 1.1450 seems to be a tough ceiling to crack right now.

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u/wojcik_vesna·1mo

Interesting, I was looking more at 1.1390 for support, but 1.1400 is definitely a psychological level. Do you see any specific catalysts on the horizon that could push it out of this range?

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u/hugoschneider·1mo

While 1.1400 and 1.1450 are valid, I'm watching for a break of the daily trendline myself. It feels like the market is coiling for a bigger move than just 50-100 pips.

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