FX.co ★ EURUSD, H4 | React off Resistance?

The EUR/USD chart displays a bullish momentum, indicating a potential continuation of the upward movement towards the 1st resistance level. The 1st support at 1.1192 and the 2nd support at 1.1079 serve as pullback supports, where buying interest could push the price higher. On the flip side, the 1st resistance at 1.1282 and the 2nd resistance at 1.1366 present potential barriers to upward movement, triggering selling pressure. The 2nd resistance level aligns with the 161.80% Fibonacci extension, further emphasizing its significance as a potential turning point.