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FX.co ★ EUR/USD Intraday Technical analysis

EUR/USD Intraday Technical analysis

EUR/USD Intraday Technical analysis

The spot rate has bounced off the lower limit of the bullish channel and subsequently broke his intermediate resistance at 1.3390. A pullback is expected before a resumption of an upward movement.

According to previous events, the market indicates a bullish opportunity on the levels of 1.3390 with a 1st objective of 1.3460, then 1.3530. A breakthrough of 1.3370 would change the observed situation.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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