EURUSD – the currency pair may test the level (4/8) again

26.02.2024

Four-hour chart of EUR/USD. The situation on the chart has not changed fundamentally. The currency pair is trading in a limited range between the levels (2/8) and (3/8). Today we expect the price to exit the local sidewall upwards. We consider the main support/resistance level (4/8) as a target for growth. At this level we are waiting for the formation of reversal signals and resumption of downward movement.

Recommendations: Sell 1.0865 TP 1.0803