EURUSD Daily Analysis 02/21/2025

Technical analysis

1. Overview of Momentum and Market Structure

• Previous Day: Bullish

• Current Bias: Bullish

• Range: 1.0400 – 1.0505

• Expectations: Price is expected to rally towards liquidity zones before potential reversals.

Trading Plan

Bullish Bias

Strategy:
Look for buy opportunities from key demand zones:

• 1.0461 (Daily FVG - Key Support & Demand Zone)

• 1.0453 (H4 FVG - Institutional Buying Zone)

• 1.0445 (Daily OB - Strong Accumulation Zone)

Primary Targets:

• 1.0513 (H4 Liquidity - Short-Term Resistance & Take-Profit Zone)

• 1.0532 (Daily Liquidity - Major Liquidity Grab Zone)

• 1.0566 (Daily OB - High-Probability Reversal Area)

For Short Positions

Strategy:
Look for sell opportunities at strong resistance levels:

• Sell Levels:

  • 1.0532 (Daily Liquidity - Potential Rejection Zone)

  • 1.0566 (Daily OB - Key Distribution & Supply Area)

Sell Targets:

• 1.0478 (H1 FVG - First Downside Target & Reaccumulation Zone)

• 1.0461 (Daily FVG - Strong Demand Zone for Buy Re-entry)

• 1.0453 (H4 FVG - Institutional Buy Level)

Summary

• Bullish bias remains valid above 1.0445, targeting 1.0513, 1.0532, and 1.0566.

• A clean break above 1.0532 (Daily Liquidity) may trigger further upside momentum.

• Short setups become valid near 1.0532 and 1.0566 for potential reversals.

• Monitor price action at liquidity levels and FVGs for trade confirmations.