EUR/USD: bulls can go higher
Read the article on FBS website
The price is still consolidating under the main downtrend. However, bulls are likely going to test the nearest resistance at 1.1025 in the short term. If a pullback from this level happens, there'll be an opportunity to have a decline towards support at 1.0951 - 1.0933.
There's a consolidation, which is taking place on the one-hour chart. The main intraday target is resistance at 1.1025, which could be a departure point for a bearish price movement in the direction of a support area between the levels at 1.0969 - 1.0951.