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Post #4050

@shadowtraderfx

Shadow Traders Fx

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PostedJul 2207/22/2025, 03:42 PM
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๐Ÿš€EUR/USD H3: Bullish Breakout Confirmed!๐Ÿš€ Technical Analysis: ๐Ÿ“Š The EUR/USD has broken a key descending trendline on the H3 chart, signaling a strong bullish reversal! Price is now testing the 1.17800resistance zone, with momentum favoring upside continuation. Key levels to watch: - Support: 1.17200 (former resistance turned support) - Targets: 1.18200 (immediate), 1.18800 (next psychological level) Fundamental Catalyst: ๐ŸŒ - EUR Strength: ECBโ€™s hawkish stance on inflation hints at potential rate hikes, boosting the Euro. - USD Weakness: Soft US retail sales data and dovish Fed comments weigh on the Dollar. - Risk-On Sentiment: Improving EU economic outlook vs. US growth concerns adds fuel to the rally. Trade Plan: โœ…Entry: Pullback to 1.17500-1.17600 ๐ŸŽฏTargets: 1.18200 โ†’ 1.18800 ๐Ÿ›‘Stop Loss: Below 1.17000 (trendline invalidation)