Type: Bullish ContinuationKey Levels:Resistance: 1.05090Pivot:1.01315Support:1.03600Preferred Case:The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If the bullish momentum continues, expect price to possibly head towards the 1st resistance line at 1.05090 where the previous swing high is located. Alternative Scenario:Price may head back down breaking the support at 1.03600 where the 161.8% Fibonacci line is before heading towards the pivot at 1.01315, where the previous swing high is located. Fundamentals:There are no major news
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/euro-fx-futures-6e1-h4-potential-for-bullish-continuation"
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