FX.co ★ EUR/USD Intraday Technical analysis

The spot rate has bounced off the lower limit of its short term bearish channel at 1.3430 and approaches the upper limit of this one at 1.3530. A break of these levels would free up significant potential.

According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1.3530 with a 1st objective of 1.3620, then 1.3660. A break in 1.3510 would invalidate this scenario.