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EUR/USD: Breakout?

Long
Euro / U.S. Dollar (FX:EURUSD)  
NoBossTae  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns EURUSD eurusdlong eurusdforecast
3
0
trendanalysis chartpattern eurusd eurusdlong eurusdforecast
CHART ANALYSIS: Looks like bulls are taking over for the night. An hourly close above the major resistance at 1.1260 should allow price to pop to next major resistance at 1.140 within the next day or two. There is a lesser resistance at 1.1280, so placing a trailing stop of 15-20 pips would be smart.

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