EURUSD - Analysis
Trends:
* Daily: Bounce from 1.1460–1.1500, but momentum slowing.
* 4H: Sideways inside a range → no clear direction.
* Current state: Market stuck between 1.1600–1.1620 resistance and 1.1550–1.1560 support.
Support & Resistance:
Resistance:
* 1.1600–1.1615
* 1.1630–1.1660
Support:
* 1.1560
* 1.1530
* 1.1500
Insights:
Plan A — Buy only at support:
* Buy: 1.1560–1.1550 with 5M/15M strong bounce
* TP: 1.1595 → 1.1610
Plan B — Sell only at resistance:
* Sell: 1.1600–1.1615 after clear 5M/15M rejection
* TP: 1.1580 → 1.1560
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