EURUSD
moved up again above 1.4000, but next resistance line at
1.4046
for a moment stays firm. It is hard to give any clear technical
picture
for this pair. This is due to very choppy market. Still, 1.4046
resistance
line remains important and last picture what we see is narrow
channel
up. Is possible to take a risk and sell near the upper channel line,
especially
now, because it matches resistance line, but safer option is to
sell
after lower channel line will be broken. Above the resistance line
1.4046,
bulls will take complete control.
| EURUSD | Trend | Support | Resistance |
| Long Term | Neutral | 1.3910 | 1.4046 |
