The EUR/USD D1 chart previously attempted to challenge a break above a key resistance level, but there was no hope of a breakout. If the upper resistance level is officially broken, then there is a very high possibility that EUR/USD will enter an uptrend. But the price is currently at the support level. In the short term, the price should consolidate back and forth in this range.
H1 chart price challenged the support level twice but almost failed. And in the four-hour chart, the trend line has been formed, and the price has also formed support at the support line, which is a good opportunity to see bullishness. The Fibonacci backtest also shows that the price is supported at 0.782
Be bearish at the lows and wait for a break above the resistance to go long.
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