CPI EURUSD Outlook

EUR/USD Price Action Update (H4)

📈 Current Price: The pair is currently testing a key resistance level around 1.2210.

🔝 Bullish Scenario:
- A break above 1.2210, followed by a solid close, could push the pair towards the next resistance level around 1.2300.

🔻 Bearish Scenario:
- If the price fails to break above 1.2210 and faces rejection, we could see a potential pullback toward 1.2100, a solid support zone.

🔮 Market Outlook:
- Watch for a confirmation of bullish momentum if the price breaks 1.2210 and heads toward 1.2300.
- A rejection at this resistance could lead to a pullback to 1.2100.

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