EURUSD Daily Forecast

The EURUSD attempted to push higher yesterday, hit the top at 1.4050 but further upside pressure was rejected. On h4 chart below we can see that the price attempted to break above the trendline resistance but failed. The bias is bearish in nearest term testing 1.3750 area but remains neutral and no clear direction in medium term. Only a clear break below 1.3750 could confirmed the bearish scenario. Immediate resistance at 1.4050.