The EUR/USD is now trading between the Upper Bollinger Bands periode 20 Dviation 2 and the periode 20 Deviation. 1 (the blue lines), and the RSI (14) is still above the 60 levels, and the ADX(14) above the 25 level. All these things denote that the EUR/USD has a Healthy Bullish Trend for a few days. However we have two scenarios after the Royal Weeding of the prince William and Kate Middleton today :
First Scenario :
The EUR/USD will advance the Bullish movement and will test yesterday high at the 1.4881, if it can break it, this pair will test again the mark 1.4900.
Second Scenario :
The EUR/USD break the today's low at the 1.4803, if this level can be broken out it will make this pair test the next Support at the yesterday low at the 1.4768.