- November 27, 2025
- Posted by: EWGFX
- Category: Technical analysis
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Overall Structure
- Trend Shift
Price has broken out of the accumulation / consolidation zone
A bullish trendline is respected
Momentum has shifted upward after forming a rounded bottom (circled area)
- Breakout Confirmation
Price has closed above the supply/resistance box around 1.3190 – 1.3220
This confirms buyers are in control
Retest of the breakout zone is possible before continuation
Key Levels
Support Zones
1.3200 – 1.3220 (breakout retest support)
1.3150 (Ichimoku baseline & structure support)
1.3050 (major swing low support)
Resistance / Targets
Target 1: around 1.3300 – 1.3320 (trendline & structural resistance)
Target 2: around 1.3400 – 1.3415 (major supply zone)
Bullish Scenario
If price holds above 1.3200, expectation is:
- Retest zone
- Bounce continuation
- Move toward Target 1
- Break and extend toward Target 2
Bearish Invalidations
The bullish setup weakens if:
Price closes below 1.3150
Stronger bearish reversal if:
Price breaks below 1.3050
Indicators Noted in Chart