FX.co ★ EURUSD, H4 | Rally to 1st resistance?

The EUR/USD chart currently has an overall bullish momentum with the potential for a bullish continuation towards the 1st resistance.

There are two strong support levels that traders should keep an eye on. The 1st support level is at 1.0910, which is a swing low support and coincides with a 61.80% Fibonacci retracement. This level has shown to provide strong support for price in the past. The 2nd support level is at 1.0828, which is also a swing low support and has been tested multiple times in the past, providing a strong support zone for price.

The 1st resistance level is at 1.0969, which is a pullback resistance level that has provided strong resistance to price in the past. The 2nd resistance level is at 1.1071, which is a multi-swing high resistance level that has also been tested multiple times in the past and provides a strong resistance zone for price.

it could trigger a more powerful bullish push towards the 1st resistance.