FX.co ★ EUR/USD Intraday Technical analysis

The spot rate approaches the upper limit of its medium-term bearish channel to 1.4010. A break of these levels would free up significant potential and begin an upward trend.

According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1.4010 with a 1st objective of 1.4080, then 1.4150. A break in 1.3990 would invalidate this scenario.