Type:
Bullish Continuation

Key Levels:
Resistance:
1.07935
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 this bullish momentum continues, expect price to possibly continue heading towards the 1st resistance line at 1.07935 where the previous swing high is.

Alternative Scenario:
Price may possibly break the pivot at 1.05085 where the previous high was before heading down towards the support at 1.03315, where the 23.6% Fibonacci line is.

Fundamentals:
There are no major news.