EURUSD Chart Analysis

Price is on the bullish trend line but below the resistance level (R1). Two Scenarios: 1. IF price can CLOSE above R1 (1.21670), it MIGHT rise to 1.22000 (R2), and IF it can break that too, it MIGHT rise more around 1.22500 (R3)... Scenario 2: IF price gets rejected by R1 and breaks the trend line to the downside, it MAY drops towards the marked support levels ( S1 & S2 )

Trade closed: target reached:

First Target Reached ✅