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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

EURUSD 29.4.2025

Technical Analysis
Tuesday, April 29, 2025 - 10:33
Point Trader Group
EURUSD 29.4.2025

General Trend:

The pair broke a historical high at 1.1277 and is holding above it, though a slight pullback followed the sharp rally, with bullish momentum intact.

Expected Scenario:

Bullish Scenario:

- Holding above 1.1277 supports continuation toward 1.1500 and 1.1650.

Bearish Scenario:

- A drop below 1.1277 could trigger a correction toward 1.1139 and 1.0950.

Key Levels:

Resistances: 1.1500 – 1.1650 – 1.1720  

Supports: 1.1277 – 1.1139 – 1.0950

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

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