MYy Analysis on EU
As price just broke the hourly resistance and testing to turn a support , if it hold , their is possibility of price going all the way up to the next daily zone at 1.20688 which also align with the 38.6 fib ratio and a drop from 1.20688 area might occur, watch out for the candlestick pattern as that area.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.