EUR/USD has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 23 days and suggests a possible target level to be around 1.1102 within the next 5 days.
If you’re short EUR/USD you should be aware that 1.0999 has just been breached – a level tested 4 time in the past
