EUR/USD has broken through a line of 1.1121 and suggests a possible movement to 1.1089 within the next 2 days. 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.
Important price line breached by EUR/USD. This price has been tested numerous times before.
