FX.co ★ EUR/USD Intraday Technical analysis

The spot rate has rebounded on the intermediate support of its medium-term bullish channel and approach the upper limit of its short term bearish channel at 1.4170 . A break of these levels would reach the upper limit of its channel to 1.4330.

According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1.4170 with a 1st objective of 1.4250, then 1.4330. A break in 1.4150 would invalidate this scenario.