EURUSD Daily Analysis Based on Main Key Levels 📈

Daily Current Market Price (DCMP): 1.08840

Critical Price Zones

• Above DCMP (Resistance):

  • Immediate Resistance: 1.08952 🚩

  • Major Resistance: 1.09321 🚩
    

• Below DCMP (Support):

  • Immediate Support: 1.08574 🚩

  • Major Support: 1.07827 🚩
    

Swing Levels (Daily/4H Timeframe):

• Swing High: 1.05144

• Swing Low: 1.03600
  

Technical Analysis Snapshot 🔍

1. Fibonacci Levels:

   • 61.8% retracement at 1.07457 (key intraday buy zone).

   • 38.2% extension resistance at 1.08952.

2. RSI Divergence:

   • RSI (48) neutral but shows bearish divergence near 1.09321 resistance.

3. MACD Crossover:

   • Bullish crossover above the signal line at 1.08574 support.
     

Intraday Trade Setup ⚡

Trade Setup: Intraday Buy

• Entry Price: 1.07457 📍 (61.8% Fib + Weekly Support)

• Stop Loss: 1.07040 🔴 (Below Key Pivot)

• Take Profit 1: 1.08289 🟢 (Daily S1)

• Take Profit 2: 1.08840 🟢 (DCMP Retest)

  
  

  Rationale: Strong confluence at 1.07457 (61.8% Fib + weekly support cluster). Bullish MACD momentum aligns with rebound potential.
  

Key Levels Summary 📌

Parameter	Level	Significance
DCMP	1.08840	Current Market Reference
Immediate Resistance	1.08952	Fib 38.2% + Daily R1
Major Resistance	1.09321	Weekly R3 & Swing High
Immediate Support	1.08574	Daily Pivot & Price Floor
Major Support	1.07827	Swing Low & Fib 50% Zone

Strategic Outlook 🔭

EURUSD consolidates near DCMP (1.08840) with a neutral-to-bearish bias due to:

• Resistance cluster at 1.08952–1.09321 (Fib + weekly pivots).

• Bearish RSI divergence near resistance.

• Bullish MACD crossover at 1.08574 support offers limited upside.
  

Key Action Zones:

• Bullish Breakout: Sustained close above 1.08952 targets 1.09321.

• Bearish Rejection: Failure below 1.08574 opens path to 1.07827.
  

⚠️ Risk Note: Monitor ECB policy signals and USD strength for volatility triggers.

🔔 Confirm trades with candlestick patterns (e.g., hammer, bearish engulfing) at key levels.