CHART BREAKDOWN EURUSD: Key Levels, Targets and Thoughts!

Brief Description🖊️:

The chart provides insights into critical market levels, emphasizing an essential demand zone (low-risk buy zone) spanning from 1.0653 to 1.0662. Additionally, a low-risk sell zone between 1.07390 to 1.07440, respectively, is highlighted.

Things I Have Seen👀:


Important Supply Zone🟢: Identified between 1.07390 to 1.07440, serving as a low-risk sell.

Important Demand Zone🟢: Identified between 1.0653 to 1.0662, serving as a low-risk buy.


Bullish Targets📈:

1.0720: Possible retracement area.
1.0730: Possible retracement area.
1.0700: Possible retracement area.
1.0810: Possible retracement area.
1.0840: Possible retracement area.
1.0887: Significant supply zone.
1.0910: Liquidity area.


Bearish Targets📉:

1.0760: Possible retracement area.
1.0730: Possible retracement area.
1.0700: Possible retracement area.
1.0680: Possible retracement area.
1.0670: Possible retracement area.
1.0662: Essential Demand Zone



What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.