EUR/USD has broken through a line of 1.0542 and suggests a possible movement to 1.0588 within the next 22 hours. It has tested this line numerous times in the past, so one should wait for confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 4 days.
Big movement possible on EUR/USD after a breach of 1.0542
