FX.co ★ EURUSD H4 I Boucnig off support?

The EUR/USD chart currently shows bullish momentum, potentially targeting the 1st resistance level. The 1st support at 1.0679 is significant, being an overlap support. The 2nd support at 1.0606 aligns with the 61.80% Fibonacci Retracement, reinforcing its strength.

On the resistance side, the 1st resistance at 1.0759, a multi-swing high resistance, may lead to selling pressure. The 2nd resistance at 1.0835, identified as a pullback resistance, could also hinder upward movement.