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FX.co ★ EUR/USD Intraday Technical analysis

EUR/USD Intraday Technical analysis

EUR/USD Intraday Technical analysis

The spot rate came to test the upper limit of its medium-term bullish channel at 1.4650 and fell. A return to the intermediate support at 1.4450 is expected before a resumption of its bullish.

According to previous events, the market indicates a bullish opportunity on the levels of 1.4450 with a 1st objective of 1.4570, then 1.4600. A break in 1.4420 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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