EUR/USD has broken through a line of 1.0866 and suggests a possible movement to 1.0812 within the next 23 hours. It has tested this line numerous times in the past, so one should wait for a 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 7 days.
If you’re long EUR/USD you should be aware that 1.0866 has just been breached – a level tested 4 time in the past
