The EUR/USD pair, currently in a bullish trend, might extend its rise towards the 1st resistance at 1.1068, an overlap resistance reinforced by a 61.80% Fibonacci projection. If this is breached, the price could target the 2nd resistance at 1.1097, an overlap resistance that aligns with a -27% Fibonacci expansion. Conversely, in case of a downward movement, the pair could find significant support at 1.1007 and 1.0972, both serving as overlap supports.
FX.co ★ EURUSD, H4 | Continue towards 1st resistance?
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EURUSD, H4 | Continue towards 1st resistance?
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade