FX.co ★ Technical Analysis of Intraday Price Movement of EUR/USD Main Currency Pairs,Thursday April 25 2024.

On the 4 hour chart of EUR/USD main currency pairs,Fiber seems corrected strong and the weakness condition currently seems trying to break above the level 1,0715. If this level managed to break above, then the next level to be aimed is 1,0757. But please be careful because of the appearance of the Ascending Broadening Wedge pattern followed by the appearance of deviation between EUR/USD price movement with Stochastic Oscillator indicator which formed Double Top where at the same time suddenly if the strengthening correction has the downward momentum so that if the currency pairs returns to the initial bias, especially if it breaks below the level 1,0679, then the strengthening correction that has been described before will become invalid and will cancel itself.

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