eurusd has broke outside the bearish channel and the retest already happend. In my opinion we have 2 scenerio's.

1. Price stays above 1.07937 support zone and seeks higher levels. 1.0888 already tested so expecting it to break above toward 1.0930.

2. if price breaks below 1.0787 we can expect a downwards movement again.

Resitance: 1.0833, 1.0860, 1.0888
Support: 1.0787, 1.0755

Chart PatternsEUREURUSDTechnical IndicatorspriceactionTrend AnalysisUSD

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