- February 5, 2026
- Posted by: EWGFX
- Category: Technical analysis
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Stop!Loss team welcomes you
In this post, we’re going to talk about the near-term outlook for the EURUSD currency pair
Potential trade setup:
Entry level: 1.17711
TP: 1.15916
SL: 1.18450
“Market View” – a brief analysis of trading instruments, covering the most important aspects of the FOREX market.
Description: Support at 1.17960 continues to attract the euro price, creating a basis for continued downward movement toward 1.16000. It should be noted that a short-term rebound in the dollar is likely today, so selling, according to the scenario above, should only be considered in the event of a confirmed breakout of 1.17960. Level 1.16500 should also be noted as an interim target.