📊 EURUSD 17th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 1.04971

🔑 Immediate Support & Resistance

Below DCMP (Support):

• Key Support 1: 1.04588 | Support 2: 1.04429 | Support 3: 1.04172

Above DCMP (Resistance):

• Resistance 1: 1.05102 | Resistance 2: 1.05261 | Resistance 3: 1.05518

Swing Levels (Daily/4H):

• Swing High: 1.05333 | Swing Low: 1.02838

📉 Technical Snapshot

• Pivot Zones: Weekly pivot at 1.04301 (support) and 1.05182 (resistance).

• Fibonacci Levels: Retracement aligns with Support 2 (1.04429) and Resistance 2 (1.05261).

• RSI: Neutral, hinting at potential breakout momentum.

• MACD: Flattening near midline, suggesting consolidation.

💡 Intraday Trade Opportunities

1️⃣ Intraday Buy Setup

• Entry: 1.04301 🟢 (Weekly Pivot Support)

• Stop Loss: 1.03420 🔴 (Below Support 1)

• Take Profit 1: 1.04845 🟡 (Daily Pivot)

• Take Profit 2: 1.05102 🟡 (Resistance 1)

2️⃣ Intraday Sell Setup

• Entry: 1.05182 🔴 (Weekly Resistance)

• Stop Loss: 1.05518 🔴 (Above Resistance 3)

• Take Profit 1: 1.04588 🟡 (Support 1)

• Take Profit 2: 1.04172 🟡 (Support 3)

🎯 Final Insight

EURUSD consolidates near DCMP (1.04971). A break above 1.05182 targets 1.05518, while a drop below 1.04301 could test 1.04172. Use tiered profit-taking and strict risk management.

• Risk Note: Validate setups with real-time data. Adjust positions based on volatility. 🚨