In the hourly chart, EUR/USD has gone up from the 1.1994 support level. Based on the price action it seems like bulls will take the price a little higher before a correction can take place.
If price reaches the 1.2125-1.2145 level and there is bearish price action on the hourly chart, then, a correction can take place upto 1.2060.
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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.