Euro is again attempting to break higher, after barely overcoming yesterday’s high. With 4 hours charts gaining upside strength and 20 SMA holding the downside, an acceleration above 1.3685 resistance area should trigger further upside pressure in the pair, supported also by momentum indicator. 1.3710 is the first target area, followed by 1.3740/50 highs zone.
Candle open under 1.3620/30 support area is required to revert current intraday trend and send the pair lower not much further than 1.3580 strong support.
Candle open under 1.3620/30 support area is required to revert current intraday trend and send the pair lower not much further than 1.3580 strong support.
