FX.co ★ EURUSD, H4 | Falling to support level?

The EUR/USD chart is showing bearish momentum, potentially continuing towards the 1st support at 1.0542, a significant swing low support with Fibonacci confluence. The 2nd support is at 1.0524. Resistance levels are at 1.0695 (swing high resistance with a 38.20% Fibonacci Retracement), 1.0631 (pullback resistance with a 61.80% Fibonacci Retracement), and an intermediate resistance at 1.0576 (overlap resistance).