EURUSD
Trade Levels
Trade Analysis
The trade is based on a confirmed bullish reversal structure. Price action formed a clear liquidity sweep at 1.17321 during the London session, capturing stops before reversing upward. This pattern aligns with the D1/H4/M1 bullish trend, with price above key EMAs (1.17349/1.17347) and MACD showing bullish crossover. Fundamental sentiment is supportive due to US dollar weakness from Fed caution and BoJ intervention concerns, with weekly USD loss narrative reinforcing EUR upside. OBV shows accumulation during the dip, confirming institutional buying. The entry at 1.17347 offers a favorable risk-reward with TP1 at 1.17445 (40% of hourly range) and SL at 1.17317 (outside manipulation zone). The setup meets all criteria: trend alignment, clear pattern, volume confirmation, and fundamental support, making this a high-conviction news-driven reversal trade.
