EURUSD expands the increase of more than 1,600
Updated
Hello dear friends, How do you think EURUSD will move today?
Currently, on the 4-hour chart, EURUSD has reached the level of 1.600 and is still trading steadily around this level. From a technical standpoint, the Bollinger Band range has not shown any signs of narrowing, and EURUSD continues to move at the upper limit of the Bollinger Band, indicating that the uptrend is still active.
With the current trend, the main resistance level is set at 1.0655, followed by 1.073, with significant support levels at 1.056 and 1.053.
Currently, on the 4-hour chart, EURUSD has reached the level of 1.600 and is still trading steadily around this level. From a technical standpoint, the Bollinger Band range has not shown any signs of narrowing, and EURUSD continues to move at the upper limit of the Bollinger Band, indicating that the uptrend is still active.
With the current trend, the main resistance level is set at 1.0655, followed by 1.073, with significant support levels at 1.056 and 1.053.
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