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πNew forecast
EURUSD has rebounded off γ½οΈ a strong resistance zone, creating a pattern of lower highs. It's possible that we may see a period of π sideways trading until the New York session.π Currently, the market remains below the resistance level of 1.07000, which was broken and closed below.
On the daily chart, we can see aπ» bearish candle formed, indicating a bearish momentum. If the market fails to break β above this resistance and the upward trendline, we can expect to see another lower high form.π I expect a fake breakout of the key level at 1.07000, followed by a continuation of the trend. ‡οΈ
π―My target is the support level around 1.066000.
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πNew forecast
EURUSD has rebounded off γ½οΈ a strong resistance zone, creating a pattern of lower highs. It's possible that we may see a period of π sideways trading until the New York session.π Currently, the market remains below the resistance level of 1.07000, which was broken and closed below.
On the daily chart, we can see aπ» bearish candle formed, indicating a bearish momentum. If the market fails to break β above this resistance and the upward trendline, we can expect to see another lower high form.π I expect a fake breakout of the key level at 1.07000, followed by a continuation of the trend. ‡οΈ
π―My target is the support level around 1.066000.
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πNew forecast
EURUSD market has gapped up by breaking out β€΄οΈ of the compression channel, and it's now heading towards the resistance zone π around 1.08000. Given the πͺ strong bearish move from theis level before, I think the market might bounce off this resistance level.
π On the weekly chart, the price action has broken above the previous two week's highs. Most likely the market will seek liquidity above πͺ the these highs to move down to fill the gap. I'm expecting a retest of the resistance zone between 1.07900 and 1.08000,π followed by a pullback, as the trend still appears bearish.
π―My goal is the support level of around 1.07535
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πNew forecast
EURUSD market has gapped up by breaking out β€΄οΈ of the compression channel, and it's now heading towards the resistance zone π around 1.08000. Given the πͺ strong bearish move from theis level before, I think the market might bounce off this resistance level.
π On the weekly chart, the price action has broken above the previous two week's highs. Most likely the market will seek liquidity above πͺ the these highs to move down to fill the gap. I'm expecting a retest of the resistance zone between 1.07900 and 1.08000,π followed by a pullback, as the trend still appears bearish.
π―My goal is the support level of around 1.07535
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πNew forecast
EURUSD pulled back into a consolidation zone π after being rejected at the resistance level. I think the market will likely remain range-bound until the πΊπΈ New York session, given the high-impact π° news events that are scheduled to occur.
However, if the price π retests this resistance level and is rejected with a long-tailed candlestick pattern,π it could indicate a potential reversal or further downward momentum, π as the price has already made a significant move down from this level in the past.
π―My target is the support level at 1.06910 from the resistance zone.
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πNew forecast
EURUSD pulled back into a consolidation zone π after being rejected at the resistance level. I think the market will likely remain range-bound until the πΊπΈ New York session, given the high-impact π° news events that are scheduled to occur.
However, if the price π retests this resistance level and is rejected with a long-tailed candlestick pattern,π it could indicate a potential reversal or further downward momentum, π as the price has already made a significant move down from this level in the past.
π―My target is the support level at 1.06910 from the resistance zone.
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My past forecasts on EURUSDπ©βπ»
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πNew forecast
EURUSD is gaining π bullish momentum, having broken out of a significant consolidation zone and also breaking through the downward trendline.β‘οΈ Additionally, the market has managed to close above the crucial 1.07400 level, π which has been tested multiple times before.
Today's high-impact newsπ΄ has the potential to alter the market's direction in any way. However, I anticipate a short-term correctionβ€΅οΈ to the support level before resuming its upward trajectory. This correction will likely be followed by an upward movement π if the price rejects the support level.
π―My target is the around resistance zone at 1.08000.
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πNew forecast
EURUSD is gaining π bullish momentum, having broken out of a significant consolidation zone and also breaking through the downward trendline.β‘οΈ Additionally, the market has managed to close above the crucial 1.07400 level, π which has been tested multiple times before.
Today's high-impact newsπ΄ has the potential to alter the market's direction in any way. However, I anticipate a short-term correctionβ€΅οΈ to the support level before resuming its upward trajectory. This correction will likely be followed by an upward movement π if the price rejects the support level.
π―My target is the around resistance zone at 1.08000.
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πNew forecast
The price perfectly fulfilled my previous idea.π It hit the target zone. After the recent news, the EURUSD is now making its way towards the β€΄οΈ next resistance zone. As we can see, the market is currently ranging around the π key level of 1.08000, which suggests that if it breaks through this level, it may continue to rise.π
The price has gained π bullish momentum, and with this momentum, I'm expecting a breakout retest π scenario to play out. In other words, I think the price might retset the support at 1.07700 before continuing its π upward movement.
π―My target is the resistance level at 1.08315
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πNew forecast
The price perfectly fulfilled my previous idea.π It hit the target zone. After the recent news, the EURUSD is now making its way towards the β€΄οΈ next resistance zone. As we can see, the market is currently ranging around the π key level of 1.08000, which suggests that if it breaks through this level, it may continue to rise.π
The price has gained π bullish momentum, and with this momentum, I'm expecting a breakout retest π scenario to play out. In other words, I think the price might retset the support at 1.07700 before continuing its π upward movement.
π―My target is the resistance level at 1.08315
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πNew forecast
The price perfectly fulfilled my previous idea.π It hit the target zone. EURUSD has rebounded from its support level and is now heading towards the βοΈ next resistance zone. Currently, the market is testing both the June open price and the previous week's highs.π After such a move, it's common for the price to either consolidate or experience a correction. On the 1H timeframe, we're seeing a γ½οΈ divergence that suggests a potential pullback.
However, π§ given the magnitude of the recent π bullish rally, it's likely to continue if it breaks and closes above the previous lower high.π I'm expecting a pullback towards the swap zone, where the price has bounced off twice previously, before resuming its upward trajectory towards the next resistance level. β‘οΈ
π―My goal is the resistance level around 1.08800
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πNew forecast
The price perfectly fulfilled my previous idea.π It hit the target zone. EURUSD has rebounded from its support level and is now heading towards the βοΈ next resistance zone. Currently, the market is testing both the June open price and the previous week's highs.π After such a move, it's common for the price to either consolidate or experience a correction. On the 1H timeframe, we're seeing a γ½οΈ divergence that suggests a potential pullback.
However, π§ given the magnitude of the recent π bullish rally, it's likely to continue if it breaks and closes above the previous lower high.π I'm expecting a pullback towards the swap zone, where the price has bounced off twice previously, before resuming its upward trajectory towards the next resistance level. β‘οΈ
π―My goal is the resistance level around 1.08800
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πNew forecast
The price perfectly fulfilled my previous idea.π After breaking out of the downward channel, the market is now moving towards β‘οΈ the next significant resistance zone. EURUSD has closed above theπ crucial level of 1.08500 that was tested twice. Yesterday's response to the 1.0900 level was weak, indicating a lack of strong bearish momentum.
With high-impact news βοΈ on the horizon, market volatility is likely to increase today. Given the current π bullish trend, I expect to see a rejection of the support level followed by an upward move,π potentially targeting the higher resistance zone.
π―My goal is the resistance level at 1.09350
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πNew forecast
The price perfectly fulfilled my previous idea.π After breaking out of the downward channel, the market is now moving towards β‘οΈ the next significant resistance zone. EURUSD has closed above theπ crucial level of 1.08500 that was tested twice. Yesterday's response to the 1.0900 level was weak, indicating a lack of strong bearish momentum.
With high-impact news βοΈ on the horizon, market volatility is likely to increase today. Given the current π bullish trend, I expect to see a rejection of the support level followed by an upward move,π potentially targeting the higher resistance zone.
π―My goal is the resistance level at 1.09350
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My past forecasts on EURUSDπ©βπ»
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πNew forecast
EURUSD has broken above the π key support level of 1.08500, which was a major resistance. Looking left,π we can see that the price is now testing a previously resistance zone where it rapidly fell.π» Furthermore, there is a bearish divergence γ½οΈ on the indicators, suggesting a potential retracement.
Therefore I expect a β€΅οΈ pullback in the market. If the price does pull back to the support level and the upward trendline, we can look for potential buying opportunities.πΉ I expect to see a rejection of the support level followed by an upward move. π This would confirm that the market is resuming its uptrend.
π―My goal is the resistance at 1.096300
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πNew forecast
EURUSD has broken above the π key support level of 1.08500, which was a major resistance. Looking left,π we can see that the price is now testing a previously resistance zone where it rapidly fell.π» Furthermore, there is a bearish divergence γ½οΈ on the indicators, suggesting a potential retracement.
Therefore I expect a β€΅οΈ pullback in the market. If the price does pull back to the support level and the upward trendline, we can look for potential buying opportunities.πΉ I expect to see a rejection of the support level followed by an upward move. π This would confirm that the market is resuming its uptrend.
π―My goal is the resistance at 1.096300
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My past forecasts on EURUSDπ©βπ»
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πNew forecast
The market has pulled back,γ½οΈ with bears pushing the price towards the support zone. EURUSD has pulled back from its resistance zone, forming a long-tailed barπ on the weekly timeframe, which suggests that a deeper pullback is possible. Currently, the market is trading sideways, forming a box.π¦
Below this box, we have a confluence area βοΈ that includes a support level at 1.08500, a channel border, and a trendline. Given that the price has bounced off π this level before, I believe it's likely that the market will move up from this area. Overall, π I expect the price to head higher, possibly retesting the recent resistance zone above,β€΄οΈ considering that the overall trend remains π bullish.
π―My goal is resistance around 1.09180
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πNew forecast
The market has pulled back,γ½οΈ with bears pushing the price towards the support zone. EURUSD has pulled back from its resistance zone, forming a long-tailed barπ on the weekly timeframe, which suggests that a deeper pullback is possible. Currently, the market is trading sideways, forming a box.π¦
Below this box, we have a confluence area βοΈ that includes a support level at 1.08500, a channel border, and a trendline. Given that the price has bounced off π this level before, I believe it's likely that the market will move up from this area. Overall, π I expect the price to head higher, possibly retesting the recent resistance zone above,β€΄οΈ considering that the overall trend remains π bullish.
π―My goal is resistance around 1.09180
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My past forecasts on EURUSDπ©βπ»
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πNew forecast
EURUSD reached the resistance zone, but was subsequently π pushed back down. Following the recent π news release, the market saw an impulsive move lower, and I believe it's likely to test the support level at 1.08000 below due to the significant π» selling pressure that's been building up above.
The price action has already cleared πͺ out liquidity above the previous high, suggesting that the market is poised to move lower.β€΅οΈ I'm expecting a rejection of the resistance level, which would confirm bearishπ» dominance and provide a clear signal to sell the market.
π―My goal is to support level around 1.07900
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My past forecasts on EURUSDπ©βπ»
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πNew forecast
EURUSD reached the resistance zone, but was subsequently π pushed back down. Following the recent π news release, the market saw an impulsive move lower, and I believe it's likely to test the support level at 1.08000 below due to the significant π» selling pressure that's been building up above.
The price action has already cleared πͺ out liquidity above the previous high, suggesting that the market is poised to move lower.β€΅οΈ I'm expecting a rejection of the resistance level, which would confirm bearishπ» dominance and provide a clear signal to sell the market.
π―My goal is to support level around 1.07900
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My past forecasts on EURUSDπ©βπ»
β1EURUSD +72pβ
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