FX.co ★ EUR/USD analysis for June 13, 2023 - Potential for the upside continuation

Technical analysis:

EUR/USD has been trading upside this morning and I found the breakout of resistance at 1.0783, which is good sign for the further upside movement.

Due to the strong mid and long term upside trend and the breakout of the resistance trend-line, I see potential for the higher prices towards upside references.

Upside objectives are set at the price of 1.0835, 1.0900 and 1.1000

MACD oscillator is showing upside reading, which is good sign for the further higher prices.

Key support is set at the price of 1.0670