The EUR/USD chart currently exhibits a bullish overall momentum, indicating a potential upward bias. In this scenario, it’s suggested that the price could potentially make a bullish continuation towards the 1st resistance level.
The EUR/USD chart currently demonstrates neutral momentum, indicating the potential scenario of price fluctuating between the 1st resistance and 1st support levels.
The chart for EUR/USD currently indicates a bullish momentum, suggesting the potential for a bullish continuation towards the 1st resistance level at 1.0584. This resistance level is considered significant as it aligns with a pullback resistance and coincides with the 38.20% Fibonacci Retracement level, making it a strong potential resistance zone.