The EUR/USD is has been trading within a range that has been established in May and it’s close to the POC zone 1.1115-1.1100 (W L4, 88.6, historical buyers, ATR pivot). The POC zone might spike the price towards 1.1185, 1.1230 and 1.1295. If the price breaks above W H4 1.1295 the door towards 1.1400 should be open. Major support lies at 1.1040 that is W L5 level. Failure of this level should put this pair in a bearish territory again. This POC zone might be the chance for bulls to regain positive momentum on this pair.
