FX.co ★ EURUSD, H4 | Bearish Continuation Expected?

The EUR/USD chart currently shows a bearish trend within a descending channel. There's potential for further bearish movement towards the significant first support at 1.0667, which aligns with various Fibonacci levels, indicating strong support. On the resistance side, the first resistance at 1.0741 is an overlap resistance, and the second resistance at 1.0773 acts as a pullback resistance, potentially hindering bullish movements.