FX.co ★ EUR/USD Intraday Technical analysis

The spot rate is currently testing the lower limit of its medium-term bullish channel in 1.4110 suggesting a rebound. However a break of these levels would initiate a new trend.

According to previous events, the market indicates a bullish opportunity on the levels of 1.4110 with a 1st objective of 1.4220, then 1.4250. A break in 1.4080 would invalidate this scenario.