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FX.co ★ EUR/USD Intraday Technical analysis

EUR/USD Intraday Technical analysis

EUR/USD Intraday Technical analysis

The spot rate approaches the lower limit of its medium-term bullish channel to 1.3595 and seems to start a rebound. However a break of these levels would initiate a downward trend.

According to previous events, the market indicates a bullish opportunity on the levels of 1.3595 with a 1st objective of 1.3690, then 1.3740. A break in 1.3570 would invalidate this scenario.

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