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FX.co ★ EURUSD, Day | Falling to 1st support?

EURUSD, Day | Falling to 1st support?

EURUSD, Day | Falling to 1st support?

The EUR/USD chart shows a bullish trend with a possible short-term drop to the 1st support at 1.0512, a multi-swing low, before rising to the 1st resistance at 1.0765, an overlap resistance. An intermediate support exists at 1.0640, characterized by a 38.20% Fibonacci Retracement, serving as an additional potential support zone.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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