Euro Analysis (Daily Time Frame)
In the daily time frame, the EUR is approaching the upper boundary of a higher time frame trading range. It has swept the liquidity above, suggesting a potential price drop to 1.10 and 1.09. If the 1.095 zone breaks, the price could further decline toward the 1.08 area.
Buy positions can be considered from the green zones marked on the chart, targeting 1.121, 1.127, and eventually 1.150.
Euro Analysis (4-Hour Time Frame)
In the 4-hour time frame, EUR is in an ascending trend. However, it has shown negative divergence at the channel’s top, indicating a potential price drop to the 1.108 area. If this level breaks, the price may further decline to 1.101.
The green zones are valuable areas for buy trades in this time frame.