FX.co ★ EUR/USD Intraday Technical analysis

The spot rate broke the intermediate resistance of its medium term bearish channel in 1.4260 suggesting a pull back. A resumption of bullish is expected in the short term.

According to previous events, the market indicates a bullish opportunity on the levels of 1.4260 with a 1st objective of 1.4360, then 1.4380. A break in 1.4230 would invalidate this scenario.