The EUR/USD could potentially make a Bullish continuation towards the 1st resistance. The 1st support at 1.0962 is identified as a pullback support. This suggests that it’s a significant level where buying interest may emerge, providing support for the EUR/USD currency pair.
EUR/USD, the overall momentum of the chart is bearish, indicating a downward trend. There is a potential scenario where the price could react bearishly off the 1st resistance and decline towards the 1st support.
The EUR/USD chart currently has a bearish overall momentum, suggesting the potential for a bearish The EUR/USD chart currently has a bearish overall momentum, suggesting the potential for a bearish reaction off the 1st resistance level with a potential drop towards the 1st support.