FX.co ★ EUR/USD Intraday Technical analysis

The spot rate is currently testing the upper limit of its short-term bullish channel at 1.3640 suggesting a retreat to the lower limit of this one to 1.3560. However a break of these levels would initiate a more violent upward trend.

According to previous events, the market indicates a bullish opportunity on the levels of 1.3560 with a 1st objective of 1.3640, then 1.3670. A break in 1.3530 would invalidate this scenario.