FX.co ★ EUR/USD Intraday Technical analysis

The spot rate is currently testing the upper limit of its medium-term bullish channel at 1.4025 suggesting a return to the intermediate support at 1.3950.

According to previous events, the market indicates a bearish opportunity on the levels of 1.4025 with a 1st objective of 1.3950, then 1.3900. A break in 1.4050 would invalidate this scenario.