Strong topside trend line broken. Now close risk intraday.
The EURUSD broke above the topside trend line on the hourly chart and moved to a new session high at 1.15826. The price has rotated back lower off the high and is looking back toward the broken trend line at 1.1566. Testing and holding above will keep the buyers in charge. Moving below is not the end of the world, but it does put a chink in the bullish armor for the day. We could/should see more of a retracement (with the line as resistance).
