Critical level for EURUSD

There is heavy Resistance from the Lower High trend line on 1D (bold dashed line).

If broken to the upside, a -0.82% high from the previous top may be made. The target on this scenario is 1.1353.

If rejected, it should test the 1D Support at 1.11815.


*Notice the 4H Channel Up pattern that resembles the one during February. This supports more the bullish break out scenario.