EURUSD Daily Forecast

The EURUSD had a moderate bullish momentum yesterday, topped at 1.4000 and closed at 1.3986. On h4 chart below we have a triangle indicates consolidation market and unclear direction. For today, pay close attention to 1.4050/70 resistance area that should be tested today. Break above that area should trigger further upside pressure testing 1.4176 area. Immediate support at 1.3900 – 1.3850 area. Break below that area should trigger further downside pressure testing 1.3750 key support level. CCI in neutral area on daily chart.