EUR/USD Forex Analysis and Forex Signal

  • Price is at a major support level on the D1 and H4 timeframe
  • We could see a nice long reversal if price breaks the 1.10063 (candle body)
  • We are currently in a triangle trend with an opportune setup
  • Price is below our 20 stochastics level, we are watching for a re-entry to the 20 level

Our short entry is: 1.09261

Our short target levels are: 1.08779 – 1.07566

Our long entry is: 1.10063

Our long target levels are: 1.10484 – 1.11517

Cheers to another successful week!