On the H1 chart for the EU, the price appears bullish, with the first potential target area at 1.066727, an area to watch for potential reversal patterns that could see the price fall on a pullback.
The price could also simply break through that level and continue to rise.
Due to the bullish marubozo candle formation, the overall bias is bullish, with three potential targets from the support line. Best followed with the RSI, -and it is a high risk setup.
The price could also simply break through that level and continue to rise.
Due to the bullish marubozo candle formation, the overall bias is bullish, with three potential targets from the support line. Best followed with the RSI, -and it is a high risk setup.
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