EURUSD | Expansion Confirmed, Bullish Structure Intact
All major timeframes align bullish, with expansion active while price holds above the daily pivot.
Technical Overview
EURUSD has transitioned decisively into the expansion phase after breaking the weekly and daily bearish countertrend structure, with momentum now targeting upper Fibonacci extensions and the weekly breakdown at 1.2020.
Bias
Long until Daily Close < Daily Pivot @ 1.16266
Path
1.1866 → 1.1940 → 1.2020
Disclaimer
This analysis is for educational purposes only and does not constitute financial advice, investment advice, trading advice, or any other type of advice. Nothing in this publication should be interpreted as a recommendation to buy or sell any financial instrument.
Trading and investing involve significant risk, including the potential loss of all capital. Always conduct your own research and consult with a licensed financial professional before making any trading or investment decisions. The author assumes no responsibility for any actions taken based on the information provided.