EUR/USD Technical Analysis: Bulls marching towards 1.1300 key resistance level as positive Brexit headlines help the Euro

EUR/USD daily chart

• EUR/USD found support at the bullish trendline from August 2017.

EUR/USD 4-hour chart

• Euro bulls are very close to reaching the 1.1300 figure. 
• The RSI is still in negative territories below 50, the MACD is crossing over from below and the Stochastic is rising from the oversold area. 
• If 1.1300 is broken then a potential rise to 1.3153 November 5 low can be on the cards.

EUR/USD 30-minute chart

• The 1.1300 level will most likely offer strong resistance. 
• Bears see 1.1300 as an opportunity to short. 
• A pullback to 1.1250 can be an opportunity for bulls to join the potential bull trend. 

Additional key levels at a glance: