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Critical moment for XBRUSD! Currently, XBRUSD maintains bul | FBS Analytics

Critical moment for XBRUSD!

Currently, XBRUSD maintains bullish movement on the 1H timeframe and is near a large zone, near a large resistance zone of 80, corresponding to the Fibonacci 61.8 level. In this case, two scenarios are possible:

If the price breaks above the resistance of 80.00, it will rush up to 81.20 and 82.70
But if XBRUSD breaks the trend line or bounces from the 80 level, it will go down to the 77.70 level

What do you think the XBRUSD is bullish or bearish today? Share your opinion in the comments!

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