EUR/USD Bullish Break-Out

On Friday, EUR/USD finally broke out of the channel that it has been in for several months now, signaling a new bullish move in the coming weeks.

Since there are no real resistances around here, I've selected 1.22 as a potential target. When you zoom out the chart, you could select 1.24 or 1.25 as potential resistance, but that could potentially take months to reach. Do your own research and select a target that best suits your needs.