EUR/USD is quickly approaching 1.1097. We expect either a breakout through this line, or a rebound.

EUR/USD is heading towards a line of 1.1097. If this movement continues, we expect the price of EUR/USD to test 1.1097 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 just like it did in the past.