FX.co ★ EURUSD Day | Waiting for downside confirmation?

The EUR/USD chart has a bearish momentum, and there's a potential scenario of a bearish reaction at the 1st resistance, targeting the 1st support. The 1st support at 1.0363 aligns with an overlap support and the 78.60% Fibonacci Retracement level. Additionally, traders may look for confirmation at the 1.0488 swing low support. On the resistance side, the 1st resistance at 1.0632 is an overlap resistance.