The main trend is still bullish, so the market is likely going to reach the next resistance at 1.2537 – 1.2569. If a pullback from this area happens little later on, there’ll be an opportunity to have a decline towards the closest support at 1.2453 – 1.2434.
Bulls faced with resistance at 1.2522, so the pair is likely going to test the closest support at 1.2474 – 1.2453. This area could be a departure point for another upward price movement in the direction of the next resistance at 1.2522 – 1.2537.
EUR/USD H4
EUR/USD H1
