EURUSD is facing bullish pressure, potential for further upside!

Price is approaching our 1st support at 1.21079, in line with our 23.6%, 78.6% Fibonacci extension levels and horizontal swing low support. We could potentially see a bounce and further upside towards our 1st resistance at 1.21445, in line with our 61.8% Fibonacci extension and horizontal swing high resistance. Price is also holding above the Ichimoku cloud, showing bullish pressure in line with our analysis.

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