EUR/USD:
The chart shows the movement of EUR/USD on the 4-hour (H4) chart.
Looking at the picture inside the yellow square, it is clear that #EUR/USD quotes are rising, but on the way there is a strong resistance level, at 1.007 (marked in red).
Two scenarios may occur in the market. The first one is a correction towards 0.9795, while the second one is the breakdown of the key resistance level and growth towards 1.023.
Volatility may surge near the resistance level.
Good luck!
