$EUR /USDT – Building Strength Near Resistance! 📈
Current Price: $1.1265 (+0.33%)
Market Structure:
$EUR is forming a series of higher lows on the 1H chart after bouncing from the $1.1220 support. It's currently testing the $1.1275 resistance again, suggesting another breakout attempt.
Key Levels:
Support: $1.1240
Resistance: $1.1275 (24H high)
Trade Setup:
Entry Zone: $1.1255 – $1.1270
TP1: $1.1295
TP2: $1.1320
SL: Below $1.1230
Market Insight:
The EUR/USD pair is reacting to slight dollar weakness, pushing the euro higher. Sustained strength above $1.1275 could attract momentum buyers.
Pro Tip:
Watch for a clean hourly close above $1.1275 to confirm breakout. Lower timeframe entries near $1.1255 offer better R:R with tight risk.
$EUR/USDT Looks Ready to Stretch – Breakout in Sight!
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