Yesterday the price reached a support at 1.1398, which successfully stopped bears for a while. However, the market is likely going to get the 89 Moving Average in the short term. If a pullback from this line happens, there’ll be a chance to see a growth towards a resistance at 1.1453 – 1.1464.
We’ve got a “Flag” on the one-hour chart, so the pair is likely going to achieve the next support near the up-trend’s line. If bears be stopped here, bulls will probably try to catch a resistance at 1.1437.
EUR/USD, H4
EUR/USD, H1
Origin: FX BAZOOKA
