EURUSD – currency pair holds above the level (2/8)

25.03.2024

Four-hour chart of EUR/USD. The currency pair continued its decline on Friday and tested the level (2/8). The price bounced upwards. Against this background, as long as the price holds above the level (2/8), we consider the scenario with the quotes growth towards the main support/resistance level (4/8) as a priority. If the price stays below the level (2/8), the next downside target will be the reversal level (1/8).
Recommendations: Buy 1.0795, TP 1.0865