Type:
Bullish Continuation

Key Levels:
Resistance:
1.06680
Pivot:
1.05085
Support:
1.03315

Preferred Case:
The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If the bullish momentum continues, expect price to possibly head towards the 1st resistance line at 1.06680 where the previous swing high and 38.2% Fibonacci line are located.

Alternative Scenario:
Price may head back down to retest the pivot at 1.05085, where the previous high is.

Fundamentals:
There are no major news.