Either a rebound or a breakout imminent on EURUSD

Past performance is not an indicator of future results.
EURUSD is heading towards the resistance line of a Channel Up. If this movement continues, we expect the price of EURUSD to test 1.1348 within the next 21 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.