EUR/USD is heading towards a line of 1.1267. If this movement continues, the price of EUR/USD could test 1.1267 within the next 5 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
EUR/USD is approaching 1.1267. We expect either a breakout through this line, or a rebound.
