#EURUSD - H1
📣 Upon analyzing the 1-hour timeframe, we anticipate a price decline towards the range of 1.0885 with the breakout of the ascending trendline around 1.0929.
⛔ Stop Loss: 1.0960
On the other hand, with the breakdown of the range of 1.0960, one can consider buying with a target of 1.1000.
⛔ Stop Loss: 1.0929
Please note that trading decisions should be made based on thorough analysis, risk management, and your individual trading strategy. It's always recommended to consult with a financial advisor or utilize the resources provided by your preferred broker for further guidance.
Disclaimer: The above analysis is for informational purposes only and should not be considered as financial advice.
📣 Upon analyzing the 1-hour timeframe, we anticipate a price decline towards the range of 1.0885 with the breakout of the ascending trendline around 1.0929.
⛔ Stop Loss: 1.0960
On the other hand, with the breakdown of the range of 1.0960, one can consider buying with a target of 1.1000.
⛔ Stop Loss: 1.0929
Please note that trading decisions should be made based on thorough analysis, risk management, and your individual trading strategy. It's always recommended to consult with a financial advisor or utilize the resources provided by your preferred broker for further guidance.
Disclaimer: The above analysis is for informational purposes only and should not be considered as financial advice.
Trade closed: target reached