EURUSD 1-Hour review post Monday’s close

euro moving sideways, waiting for channel break

Waiting for a signal. If price break above blue line CR (current resistance) then look for entry to long as price may move up to target 1 creating a double top or even move higher up.

If price breaks below the blue horizontal support line, below current price, then it may move break down (BD) to .618 or even extend down to .786 level which aligns with some structure levels.