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Trend Analysis (Fig. 1):
This week, from the 1.0878 level (previous weekly candle close), the market may initially move downward toward 1.0835 – the 14.6% retracement level (blue dashed line). After testing this level, the price is expected to resume its upward movement toward 1.1002 – a historical resistance level (blue dashed line).
Comprehensive Analysis:
The EUR/USD pair is expected to follow an upward trend during the week. The weekly candle is likely to have a lower shadow (Monday – downward movement) and a second upper shadow (Friday – downward movement), indicating initial weakness before resuming an uptrend.
Alternative Scenario:
If the pair moves downward from the 1.0878 level (previous weekly close), it may target 1.0765 – the 23.6% retracement level (blue dashed line). If this level is tested, the price may resume its upward movement toward 1.0947 – the upper fractal level (blue dashed line).
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
