Yesterday’s strong candle broke resistance on 1.1220 and EURUSD continues upward movement. If at current levels EURUSD start to fall level 1.1220 will become support and should stop the falls. At the daily interval the next resistance is on level 1.139. After its breakout move can lead up to strong resistance 1.1450 .
At the hourly interval upward movement took the form of the channel in which EURUSD moves for 3 days. Currently, the lower band of this channel is located at the level of 1.1250.
