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FX.co ★ EURUSD H4 | Reacting off resistance?

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Forex Analysis:::2023-10-05T04:13:03

EURUSD H4 | Reacting off resistance?

EURUSD H4 | Reacting off resistance?

The EUR/USD chart shows bullish momentum, potentially heading to the 1st resistance at 1.0552, notable for its Fibonacci confluence. The 1st support at 1.0478 is a multi-swing low support, while the 2nd support at 1.0349 is a swing low support, both significant for potential price support.

Analyst InstaForex
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