FX.co ★ EURUSD H4 | BullishContinuation Expected?

The EUR/USD chart currently has bullish momentum but may experience a short-term drop to the 1st support at 1.0764, expected to attract buyers. The 2nd support at 1.0663 is an overlap support, adding to its significance. On the upside, the 1st resistance at 1.0884 is a multi-swing high resistance, possibly blocking upward movement. The 2nd resistance at 1.0943 is a swing high resistance, indicating increased selling pressure. An intermediate support at 1.0826 serves as an additional pullback support. Overall, a short-term drop to the 1st support may precede a bounce towards the 1st resistance.