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After testing 1.1286 numerous times, EUR/USD is once again approaching this price point. Can we expect a bullish trend to follow?

The movement of EUR/USD towards 1.1286 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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SPX500 is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 16 days.

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We expect EURUSD to trend upwards right now.

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