CHART BREAKDOWN EURUSD: Key Levels, Targets and Thoughts!🎯
Brief Description🖊️:
The chart provides insights into critical market levels, emphasizing an essential supply zone (medium-risk sell zone) spanning from 1.08620 to 1.08680, respectively, are highlighted.
Things I Have Seen👀:
Medium-Risk Sell Zone🟠: Positioned between 1.08620 and 1.08680, suggesting another area with moderate risk for potential selling positions.
Bearish Targets📉:
1.08400: Possible retracement area.
1.08200: Possible retracement area.
1.08100: Possible retracement area.
1.08000: Liquidity area.
1.07000: Liquidity area.
What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.
The chart provides insights into critical market levels, emphasizing an essential supply zone (medium-risk sell zone) spanning from 1.08620 to 1.08680, respectively, are highlighted.
Things I Have Seen👀:
Medium-Risk Sell Zone🟠: Positioned between 1.08620 and 1.08680, suggesting another area with moderate risk for potential selling positions.
Bearish Targets📉:
1.08400: Possible retracement area.
1.08200: Possible retracement area.
1.08100: Possible retracement area.
1.08000: Liquidity area.
1.07000: Liquidity area.
What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.