Will the euro-dollar pair cross the 1.0470 level?

The EURUSD pair is trading above 1.0470 and its short-term trend is suffering.

Resistance of 1.0756 seems to hinder the growth of the euro against the dollar and the pair will fall again after meeting the resistance.

If 1.0470 breaks, EURUSD will reach 161.8% Fibonacci at 1.0069.

* Technical H4 analysis of EURUSD

* Technical daily analysis of EURUSD