FX.co ★ EUR/USD Intraday Technical analysis

The spot rate broke yesterday the intermediate resistance to 1.4800 giving rise to a strong acceleration. A pull back on these levels is expected before a resumption of bullish.

According to previous events, the market indicates a bullish opportunity on the levels of 1.4800 with a 1st objective of 1.4880, then 1.4930. A break in 1.4770 would invalidate this scenario.