EUR/USD presents the potential for a continuation of bullish momentum towards the 1st resistance level, as indicated by key support and resistance levels:
Support Levels:
1st support: 1.0891, characterized as "Pullback support." This level suggests a potential area where buyers might step in, preventing further decline.
2nd support: 1.0858, also supported by "Pullback support." It reinforces the support zone, indicating a region of interest for buyers.
Resistance Levels:
1st resistance: 1.0928, identified as "An Overlap resistance." This level represents a significant hurdle for further upward movement.
2nd resistance: 1.0981, also supported by "An Overlap resistance." It further strengthens the resistance zone, suggesting a point where selling pressure may increase.
