Breakout: We noted the pressure mounting on the 1.34-1.3415 high as the EUR/USD consolidated within a bullish bias. Now that euro-usd has moved above this key resistance, where might the market take the pair? The 4H chart shows the EUR/USD continuing in a bullish channel. The daily chart shows a EUR/USD breaking above 1.3415, which was the resistance in June. Now the market has exposed its 2013-high at 1.3709, which was set at the start of February. Before that there are the 1.3518 and 1.3596-1.36 resistance levels. At this point a return below 1.33 would be needed to suggest a false breakout and neutralize the ... (full story)