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EURUSD may return to 1.06000

Euro / U.S. Dollar (OANDA:EURUSD)  
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OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis Technical Indicators Fundamental Analysis EURUSD forexsignals forexmarket_nejcsignals Trend Line Break tradingforex signalsfree
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Although the price movement of EURUSD on the H4 time frame technically has a bearish structure, the recent price movement has seen a bullish challenge to the horizontal resistance area at 1.06000. Further upside could be seen in intraday value areas such as the horizontal resistance area at 1.06680/1.07000 before a southward reversal occurs.
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