FXstreet.com (Buenos Aires) - EUR/USD Current Price: 1.4282. Another failure attempt to break above 1.4340 is putting the pair under pressure with Japan opening; hourly indicators are giving some bearish signals at this point with price also under the 20 SMA that lost the bullish slope.
Same conditions are seen also in 4 hours charts, thus pair must break and confirm under key 1.4270 support zone, to extend the downside rally, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 1.4270 1.4240 1.4200. Resistance levels 1.4310 1.4340 1.4375.