EUR/USD Perfect Setup – Ready for Next Reaction?

[Arman Shaban]

By analyzing the EUR/USD chart on the 2-hour timeframe, we can see that the price moved exactly as expected — it dropped from 1.17400, hitting all targets at 1.17120, 1.1707, 1.16880, and 1.16720, giving us more than 88 pips in profit!

Currently, the price is trading around 1.16980, and I expect a short-term pullback toward the 1.17100–1.17400 zone. After that, we could see a potential bearish reaction from this area. This analysis will be updated soon!

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Best Regards , Arman Shaban