EUR/USD Analysis – 29.Apr.2024
EUR/USD Analysis: Upon reviewing the EUR/USD chart in the 2-hour timeframe, we observe that the price was able to rise to 1.075 and then underwent a correction, penetrating below 1.0678. Consequently, after a liquidity collection, it encountered demand again! The upcoming supply zone ranges from 1.07260 to 1.07530, and we can monitor the price reaction within this range. Additionally, I expect the liquidity gap, which continues up to 1.085, to be filled in the medium term. The demand zone is also between 1.061 to 1.064.
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Author : Arman Shaban
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