$EURUSD | 1H Trade Setup Update 🟢 Long Position: - Entry: Long at 1.103

$EURUSD | 1H Trade Setup Update

🟢 Long Position:
- Entry: Long at 1.103
- Stop Loss: 1.102
- Take Profit: 1.107

● Current Status: EUR/USD is finding support at the 0.786 Fibonacci level, with bullish divergence evident in rising momentum and money flow. The pair is also attempting to break above the 200-period moving average.

● Technical Indicators: Bullish Divergence: Rising momentum and money flow. Stochastic RSI: High, suggesting potential overbought conditions.

● Outlook: Watch for sustained support at the 0.786 Fibonacci level and a breakout above the 200-period moving average. The convergence of these indicators supports a favorable outlook for upward movement in EUR/USD.