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FX.co ★ EUR/USD Intraday Technical analysis

EUR/USD Intraday Technical analysis

EUR/USD Intraday Technical analysis

The spot rate has broken the upper limit of its medium-term bearish channel at 1.4310 leading to an 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 1.4310 with a 1st objective of 1.4440, then 1.4470. A break in 1.4280 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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