EURUSD H4 ANALYSIS

EURUSD H4 ANALYSIS

๐Ÿ“Š EURUSD H4 Analysis โ€“ Euro vs US Dollar


EURUSD remains in a strong descending trend but is consolidating near the 1.1210 support zone. A bullish recovery is possible if buyers gain momentum and price breaks above the descending channel.


๐Ÿ”น Resistance: 1.1360โ€“1.1380 | 1.1500โ€“1.1520

๐Ÿ”น Support: 1.1210โ€“1.1190

๐Ÿ”น Bullish Scenario: A breakout above the channel could push price toward 1.1360.

๐Ÿ”น Bearish Scenario: A break below 1.1190 may extend the current downtrend.


๐Ÿ“Œ Key Focus: Wait for breakout confirmation before considering a bullish reversal.


โš ๏ธ Disclaimer: Educational analysis only. Trade responsibly with proper risk management.

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