JureKrasovic

EUR/USD at rising support

FX:EURUSD   Euro / U.S. Dollar
The price is touching the rising support once again. Looking for what will happen here as this is a decision zone for planning the next trade. Should we see the rising support holding the price above again, trading the bullish bounce off it. We may see a bearish break below it. In this case, I am looking for a bearish retracement towards the indicated support zone also supported by the 0.786 Fibonacci retracement. From there looking for a bullish run, as I am quite certain that this level should hold the price above.

Wishing you all a Merry Christmas.
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