EUR/USD: IDEA
Currently trading @ 1.19130
The pair is struggling to break above 1.19250 which is now acting as minor resistance on the pair.
Pair is still bullish as it is still trading within its ascending channel.
If the pair breaks above 1.19300 then we would expect it to test next resistance @ 1.20
But if it fails to break above current resistance and breaks below its ascending channel
we would expect it to fall back to 1.18.
Link to our previous analysis below
The pair is struggling to break above 1.19250 which is now acting as minor resistance on the pair.
Pair is still bullish as it is still trading within its ascending channel.
If the pair breaks above 1.19300 then we would expect it to test next resistance @ 1.20
But if it fails to break above current resistance and breaks below its ascending channel
we would expect it to fall back to 1.18.
Link to our previous analysis below
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