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FX.co ★ EUR/USD Intraday Technical analysis

EUR/USD Intraday Technical analysis

EUR/USD Intraday Technical analysis

The spot rate is currently testing the intermediate resistance of its short-term bullish channel at 1.4250 suggesting a return to the lower limit of its channel at 1.4170.

According to previous events, the market indicates a bullish opportunity on the levels of 1.4170 with a 1st objective of 1.4260, then 1.4300. A break in 1.4150 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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