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FX.co ★ EURUSD, Day | Falling to 1st support?

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Forex Analysis:::2023-09-25T04:11:27

EURUSD, Day | Falling to 1st support?

EURUSD, Day | Falling to 1st support?

The EUR/USD chart shows a bullish trend with a possible short-term drop to the 1st support at 1.0512, a multi-swing low, before rising to the 1st resistance at 1.0765, an overlap resistance. An intermediate support exists at 1.0640, characterized by a 38.20% Fibonacci Retracement, serving as an additional potential support zone.

Analyst InstaForex
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