This chart shows the EUR/USD currency pair on a 1-hour timeframe. The price is currently around 1.13631, and the chart highlights a trading range with clear resistance near 1.14500 and support near 1.12600.
The green lines suggest a forecasted price action: the price might attempt to break higher but is expected to reverse and target the 1.12600 zone, which is marked as the main target area. The red shaded box shows a strong support zone aligning with this target.
Overall, this looks like a bearish setup after a potential false breakout or rejection from resistance. If you want, I can help break down the possible entry, stop-loss, and take-profit levels for this scenario — interested?
The green lines suggest a forecasted price action: the price might attempt to break higher but is expected to reverse and target the 1.12600 zone, which is marked as the main target area. The red shaded box shows a strong support zone aligning with this target.
Overall, this looks like a bearish setup after a potential false breakout or rejection from resistance. If you want, I can help break down the possible entry, stop-loss, and take-profit levels for this scenario — interested?
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.