FX.co ★ EUR/USD

EUR/USD Yesterday evening, there was a breakout above last week's maximum level, clearly indicating a continuation of the upward trend for this currency pair. Currently, the price is heading towards the nearest resistance at around (1.17971). This is an important level as there is a possibility of a bounce from it and a price reversal, making selling relevant. If there is an upward breakout, growth could reach (1.18478), where selling could also be considered with a target around the support at the lower boundary of the inner channel at point - 1.16990.