4H ichimoku cloud shows a short retracement inside the drawn channel. 1.1976 is a strong support for eurusd in this step. Mention that naturally you see reactions as the pair meets fibo levels and may lead to rebound the price. Furthermore Federal Reserve Chair Powell going to speak on rising yields incoming few hours later and the dollar index has the potential to be grown from here (ichimoku analysis confirm it). So I predict a short bearish trend for this pair.
This is not a financial advice
This is not a financial advice