FX.co ★ EUR/USD Intraday Technical analysis

The spot rate approaches resistance through its medium-term downtrend channel at 1.3140. A break of these levels would reach the upper limit of its channel to 1.3320.

According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1.3140 with a 1st objective of 1.3250, then 1.3280. A break of 1.3110 would invalidate this scenario.