EUR USD Breaks Through Gann Angle Resistance

After two days of finding resistance at a downtrending Gann angle, the EUR USD finally broke through to the upside.

After two days of finding resistance at a downtrending Gann angle, the EUR USD finally broke through to the upside.

The breakout over this resistance angle has put the EUR USD in a position to test the high for the year at 1.4843.

A move through this price will reaffirm the uptrend on the weekly chart.  A new main bottom has been formed at 1.4480 on the daily chart.