EURUSD: Consolidation Phase Nearing the Main Trend!!

[cryptobro]

Hey Traders,

In today’s session, we’re monitoring EURUSD for a potential buy entry around the 1.16100 zone. The pair has been trending upwards and is currently in a healthy correction phase. Price action is approaching a key confluence zone, where a trendline support and historical S&R level meet around 1.16100.

This area could act as a strong support level, providing a favorable risk-to-reward opportunity for bulls if we see bullish confirmation or a clear reversal signal.

Keep an eye on momentum and volume as price approaches this level — patience is key.

Trade safe, stay sharp.
#USD #EUR #crypto #coin #EURUSD

[EmTeam]

Nice setup. The confluence of the trendline and historical S&R around 1.16100 looks solid. Definitely watching for a strong reaction here — could be a great area to catch the next leg up if confirmation shows.

[alex65]

Appreciate you sharing this. The 1.16100 zone has been on my radar too. Always feels better taking entries when structure and confluence line up this cleanly. Let’s see how it unfolds.

[Blobby]

Solid analysis — love how clearly you’ve outlined the plan. Agree that waiting for momentum confirmation here is key. Thanks for posting!

[Jibon_RX]

Really appreciate this level of detail. The confluence around 1.16100 is looking promising — definitely a zone worth watching closely. Love seeing such clean structure and logic behind the setup. Thanks for sharing!

[Dave]

This kind of technical clarity is exactly what helps build trading confidence. Patience around key levels like this pays off more often than not. Looking forward to how this plays out with volume pickup.

[Smith]

Great callout! That intersection of support and trendline makes 1.16100 a high-probability area for a bounce. Keeping alerts set fingers crossed for a nice confirmation candle.