EUR/USD Technical Analysis: Bulls take a breather near descending trend-line hurdle ahead of Euro-zone GDP

   •  The pair continued gaining positive traction for the fifth straight session on Thursday and is now looking to build on the momentum further beyond the key 1.1500 psychological mark.

   •  The fact that the pair has found acceptance above 100-day SMA support prospects for further up-move, though slightly overbought conditions on the 4-hourly chart seemed to cap gains.

   •  The ongoing bullish trajectory over the past one week or so paused near a resistance marked by a descending trend-line, extending from Sept. 2018 swing high through tops set earlier this month.

   •  Meanwhile, technical indicators on the daily chart have just started gaining traction and add credence to the constructive set-up ahead of the flash Euro-zone Q3 GDP growth figures.

EUR/USD daily chart