The breakout of EUR/USD through the 1.1141 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of EUR/USD to test 1.1125 within the next 9 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing 1.1141 numerous times, EUR/USD has finally broken through. Can we expect a bearish trend to follow?
