🌍 EURUSD 21st March 2025 Daily Analysis: Trade Setups & Critical Zones

📌 Daily Current Market Price (DCMP): 1.08294

EURUSD hovers above immediate support at 1.08225 and below resistance at 1.08618.

🔑 Key Market Structure

▶ Resistance Zones

• Strong Cap: 1.08770 (Weekly Pivot)

• Upper Barriers: 1.09253 (Daily R2), 1.09646 (Weekly R3)

▶ Support Zones

• Critical Floor: 1.08225 (Daily S1)

• Major Base: 1.07590 (Daily S3)

▶ Swing Levels (Daily/4H)

• Swing High: 1.08226

• Swing Low: 1.05144

📊 Technical Drivers

• RSI: Neutral at 52, no divergence detected.

• MACD: Flatlined near zero, awaiting momentum shift.

• Fib Levels: 61.8% retracement at 1.08225; 161.8% extension at 1.08770.

💡 Intraday Trade Setups

1️⃣ Intraday Buy Opportunity

• Entry: 1.08227 🟢

• Stop Loss: 1.07983 🔴

• Take Profit 1: 1.08618 🟡

• Take Profit 2: 1.09011 🟢

Rationale: Price tests Fib 61.8% support (1.08225) coinciding with Daily S1. MACD histogram shows tentative bullish momentum.

2️⃣ Intraday Sell Opportunity

• Entry: 1.08770 🔴

• Stop Loss: 1.09253 🟡

• Take Profit 1: 1.08225 🟢

• Take Profit 2: 1.07590 🔴

Rationale: Weekly pivot (1.08770) aligns with Fib 161.8% extension. Bearish RSI reversal likely at this confluence.

⚠️ Risk Management

Tighten stops if price closes above 1.09011 (Daily R1) or below 1.07590 (Daily S3).

Partial profit-taking at TP1 recommended.

📅 Closing Insight

EURUSD remains range-bound between 1.08225-1.08770. Favor selling rallies near weekly pivot and buying dips at Fib support. Monitor MACD crossover for trend confirmation.