EURUSD
The correction has continued in recent days, but the price has reached the main uptrend line, which could lead to a decisive moment. The price needs to bounce back up to maintain the uptrend. If the price breaks through the red downward trend line, it could open up significant upside potential. The target price could then be around the previous high. The thick green trend line, however, is an important support level and could also serve as a risk management level.
Resistance levels: 1.1841; 1.1962; 1.2085; 1.2207; 1.2329; 1.2451.
Support levels: 1.1657; 1.1597; 1.1475; 1,1352; 1.1230.
