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EUR/USD: the resistance blocks an increase

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EUR/USD at H4 interval; source: TMS Direct
EUR/USD has a clear problem with breaching the resistance at 1.0920 i.a. post-election top and 61.8 pct retracement. Big red candlestick, which is being created at H4 chart indicates a higher probability of decline towards the yesterdays low at 1.0855. The base scenario speaks of continuation of an increase. Breaching above 1.0920 would open door to 25th Aprils top at 1.0950 and to 161.8 pct retracement at 1.10. The key support can be found at 1.0820 i.a. 24th Aprils low. It is breaching would allow for closure of an upward window at 1.0730.
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