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Nov 28, 2025

Trade ideas

EURUSD is Following the Trendline

EURUSD, H4EURUSDH4.png

On the H4, EURUSD navigates within a global trendline with the price currently testing the 38.2 Fibonacci and the 200-MA.

  • A breakout above the trend line at 1.1610 will open the way to 1.1650.

  • A breach below 1.1580 will drop US100 to 24800.

 

 

Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.

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Timur Yurdagyul

Author: Timur Yurdagyul

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