Technical Analysis: EUR/USD

EURUSD

In the following technical analysis, I present the composition of the EUR/USD pair from early 2022 to today, providing a detailed explanation of the movements and support levels that have formed. This is intended to give you more insights and guidance for your trading decisions. Of course, always conduct your own research and analyze based on what you believe is most appropriate.

Below, I want to clarify some of the elements I personally use, which may help you better understand the chart:
• Solid horizontal lines indicate highly significant levels, such as key highs and lows.
• Dotted lines represent levels that are also highly important.
• Dashed lines highlight the bases or highs of candles that triggered significant movements. These often act as support or resistance in the medium to short term.
• Gray highlighted areas represent support or resistance zones, depending on their location.
• SOS stands for Start of Structure, referring to the start of a major move that led to a significant rise or drop, forming the foundation of support.
• Empty rectangles with highlighted borders EURUSD signify pivot points, marking key highs and lows.

If you have any questions, feel free to share your thoughts!

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