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TKby u/tara_kumar·2dAnalysis

Thoughts on EURUSD at 1.195

It's interesting to see $EURUSD hovering right at the 1.195 level. I'm watching to see if this holds as support or if we test that 1.2 psychological level again, which seems to have acted as resistance previously. A clean break and hold below 1.19 would definitely invalidate any short-term bullish lean I might have.

3 comments · 1 points

3 Comments

JPu/jasmine_p·2d

I'm seeing similar patterns. The 1.195 level definitely feels like a crucial pivot right now. Are you looking at any specific economic data releases this week that might influence that break?

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RTu/rtoth·2d

I'm new to this pair, but I'm curious what indicators you typically watch for confirmation around these key levels? Is it mostly price action, or do you look at volume too?

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ASu/asiddiqui·2d

Yeah, 1.195 has been a sticky point for a bit. I'm leaning towards a test of 1.2 again, but a decisive move below 1.19 would definitely change the picture quickly. Are you looking for a bounce or a break?

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