$EUR

EUR
EUR
1.1521
+0.14%

TECHNICAL ANALYSIS: BULLISH OUTLOOK

The $EUR pair is showing strong bullish momentum after breaking key resistance levels. Price action indicates a higher low formation, suggesting continuation of the upward trend. Technical indicators such as RSI and MACD are confirming bullish strength, while support zones near recent swing lows provide a solid base for further gains.

Entry: Buy on breakout confirmation above immediate resistance

Targets (TP): TP1: 1.1200, TP2: 1.1250, TP3: 1.1300

Stop Loss (SL): Below key support at 1.1100

Risk Management: Maintain a 1:2 risk-to-reward ratio and adjust position size according to account risk tolerance.

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