Technical analysis:
EUR/USD has been trading sideways at the price of 1,1448. The breakout will confirm further direction direction.
Trading recommendation:
Watch for the breakout of the sideways channel to confirm further direction.
The upside breakout of resistance at the price of 1,1463 can lead EUR towards 1,1487
The downside breakout of support at the price of 1,1433 can lead us towards the level of 1,1405
