$EUR /USDT – Strengthening forces at resistance! 📈

Current price: $1.1265 (+0.33%)

Market structure:

$EUR is forming a series of higher lows on the 1H chart after bouncing off support at $1.1220. It is currently testing resistance at $1.1275 again, suggesting another breakout attempt.

Key levels:

Support: $1.1240

Resistance: $1.1275 (24H high)

Trading setup:

Entry zone: $1.1255 – $1.1270

TP1: $1.1295

TP2: $1.1320

SL: Below $1.1230

Market analysis:

The EUR/USD pair is reacting to slight dollar weakness, lifting the euro. Sustained strength above $1.1275 may attract buyers on momentum.