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Euro / U.S. Dollar
Long

EUR/USD | Sweeps Liquidity and Rebounds – Eyes on 1.16700!

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By analyzing the EURUSD chart on the 4-hour timeframe, we can see that after our previous analysis, the price continued its decline and eventually swept the liquidity below 1.15580. Following that, strong demand kicked in, and the pair is currently trading around 1.15810. If the price can hold above this level, we can expect further bullish movement. The next potential targets are 1.1600, 1.16280, 1.16430, and 1.16700.

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Best Regards , Arman Shaban

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