EUR/USD, Technical Analysis – H4
The pair has confirmed an upward reversal, with bulls eyeing the next resistance zone at 1.1500–1.1510.
The pair has confirmed an upward reversal, with bulls eyeing the next resistance zone at 1.1500–1.1510. However, the local supply area around 1.1420 is likely to act as a temporary barrier, potentially capping the advance and triggering pullbacks toward 1.1380.
Key Levels:
□ 1.1380 (support)
□ 1.1420 (resistance)
□ 1.1500–1.1510 (target)
Primary Scenario:
Consolidation within the 1.1380–1.1420 range in preparation for a move toward 1.1500.
Alternative Scenario:
Breakout above 1.1420 with a bullish impulse toward 1.1500–1.1510.
Analyst Commentary:
The optimal entry zone for long positions is around 1.1380. However, bulls risk missing the move if price clears 1.1420 decisively and accelerates higher.
Николай Криштопов — рыночный аналитик Investizo с более чем 15-летним опытом работы в индустрии финансовых рынков и более чем десятилетним опытом трейдинга. В сферу его интересов входят валютный и криптовалютный рынки, технический анализ, внутридневная торговля и поведение рынка.