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FX.co ★ EURUSD H4 | Potential bearish reversal?

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Forex Analysis:::2023-10-12T04:40:10

EURUSD H4 | Potential bearish reversal?

EURUSD H4 | Potential bearish reversal?

EUR/USD has bearish momentum, possibly falling to the 1st support at 1.0584 (overlap support) or 2nd support at 1.0526 (overlap support). On the upside, the 1st resistance at 1.0629 (overlap resistance) and 2nd resistance at 1.0674 (overlap resistance, 127.20% Fibonacci Extension) may block upward movement.

Analyst InstaForex
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