logo

FX.co ★ EUR/USD H4 | Neutral

EUR/USD H4 | Neutral

EUR/USD H4 | Neutral

The EUR/USD chart is currently in a neutral phase, characterized by price fluctuations between the 1st support and 1st resistance levels.

Support Levels:

The 1st support level at 1.08791 is marked by "An Overlap support," indicating a zone where buying interest may emerge, potentially supporting the price. Additionally, the 2nd support level at 1.08152 is categorized as "Pullback support," reinforcing its role as a potential support zone.

Resistance Levels:

On the resistance side, the 1st resistance level at 1.1007 is influenced by "Swing high resistance," while the 2nd resistance level at 1.10768 is characterized as "Multi-swing high resistance," both indicating significant barriers to further upward price movement.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the articles list Go to this author's articles Open trading account