EUR/USD has broken through a support line of a Channel Up and suggests a possible movement to 1.1254 within the next 17 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 6 days.
There is a possibility of a big movement on EUR/USD after a breach of the support
