Main Quotes Calendar Forum
flag

FX.co ★ EURUSD, H1 | Bullish rise towards key retracement

parent
Forex Analysis:::2023-03-10T10:46:27

EURUSD, H1 | Bullish rise towards key retracement

EURUSD, H1 | Bullish rise towards key retracement

Price has broken a key resistance-turned-support at 1.0572 which is our overlap support and now our buy entry. We could see prices now rise towards our next major resistance at 1.0624 which is a pullback resistance and 61.8% Fibonacci retracement.

If price were to reverse and drop, then the next key support would be at 1.0536.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...