4 hour
The EUR/USD bounced at the support levels (green/blue) and showed one more bullish rally.
The new higher high is challenging the 100% Fib level at 1.13 of wave 2 (green), which is a break or bounce zone.
1 hour
The EUR/USD is in a bullish trend channel (red/blue lines). The breakout direction above or below the channel will indicate what the next trend direction could be.
Origin: Admiral Markets
