📊 EURUSD 18th March 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 1.09114

🎯 Immediate Price Context

Above DCMP (Resistance):

Strong Resistance: 1.09314

Breakout Zone: 1.09649

Below DCMP (Support):

Critical Support: 1.08770

Downside Target: 1.08227

Swing High/Low (4H/Daily):

Swing High: 1.05144

Swing Low: 1.03600

🔍 Technical Snapshot

Key Levels: Resistance cluster at 1.09314–1.09649; Support shelf at 1.08770–1.08227.

Fibonacci Zones: Retracement aligns with 1.08836–1.08457 (support) and 1.09304–1.09683 (resistance).

RSI: Neutral momentum (no divergence detected).

MACD: Flat histogram, suggesting consolidation near DCMP.

💡 Trade Idea 1: Intraday Buy Setup

Entry Price: 🟢 1.08770

Stop Loss: 🔴 1.08450 (below Fib support)

Take Profit 1: 🟡 1.09314 (immediate resistance)

Take Profit 2: 🟢 1.09649 (next resistance)

Rationale: Price retesting confluence of weekly support and Fib 61.8% zone. Upside aligns with resistance tiers.

💡 Trade Idea 2: Intraday Sell Setup

Entry Price: 🔴 1.09314

Stop Loss: 🟢 1.09690 (above resistance cluster)

Take Profit 1: 🟡 1.08770 (weekly support)

Take Profit 2: 🔴 1.08227 (strong historical floor)

Rationale: Resistance retest with bearish rejection potential; targets align with support hierarchy.

📉 Critical Observations

Breakout Watch: Sustained close above 1.09314 may trigger bullish momentum toward 1.09683.

Risk Zone: A drop below 1.08770 invalidates bullish bias, opening path to 1.08227.