EURUSD is trading in a bullish wave since September. Even though, the pair keep growing, I want to remind you that we are trading in a global bearish trend.
The market is currently approaching a major weekly supply zone. 1.07 - 1.09 area is based on a horizontal historical resistance and a fib confluence zone.
I believe that the next bearish rally may initiate from there.
Watch carefully that zone and wait for a confirmation on lower time frames.
โค๏ธIf you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!โค๏ธ