EUR/USD Finally Breaks Below Key Moving Averages | Technical Analysis Update
In this video, I share my latest EUR/USD analysis — the pair has finally broken below both the exponential (blue) and simple (red) moving averages, marking a potential shift in market structure after months of consolidation since February.
We go step by step through:
🔹Breaking under the EMA + SMA
Elliott Wave count & correction phase
🔹 Confirmation from the stochastic oscillator
🔹 Key trendline break setup
🔹 Fibonacci retracement (61.8%) and projection confluence
🔹 Short entry zones and target levels between 1.08 – 1.09
💡 Important: This is not financial advice — I’m just sharing my personal market analysis and thoughts. Always manage your risk and use proper stop-loss techniques.
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