EURUSD 4H - MARKET HAND REVEALED

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EURUSD 4H - MARKET HAND REVEALEDEuro/US DollarFX:EURUSDGreyFX-NDSEUR/USD Analysis After reaching higher levels above 1.19, the continuation of the bullish move seems harder, and the market’s mathematical patterns indicate a need for a temporary correction. However, confirmation is still required. At the start of the week, my outlook is buy up to the 1.1859 level, where I don’t expect a stable consolidation above this point. From there, I will look for confirmation of a corrective move with downside targets at 1.1670 and the main target at 1.1560, which is expected to show a very strong reaction. Eventually, it may even reach 1.1488. However, it seems that the dollar prefers to reach its final targets of weakness with different catalysts in a shorter time, showing fewer days of weakness but sharper movements, while also experiencing more days of strength in the market. Therefore, if the corrective scenario is invalidated by a sustained move above 1.1859, my upside targets based on mathematical calculations for dollar weakness will activate: 1.2080 and 1.2190 (a strong resistance level), and finally 1.24. The key point is that each of these levels is expected to show strong reactions, providing good trading opportunities with favorable risk-to-reward ratios, especially on lower timeframes.