EURUSD Daily Forecast

The EURUSD continued it’s upside momentum yesterday. On h4 chart below we have trendline resistance breakout suggesting bullish view but still unable to break above 1.4176 key resistance level. Today is the last trading day for this week and I hope we will see more significant movement. Break above 1.4176 should trigger further bullish momentum testing 1.4336 area.  Initial support remains at 1.4050. CCI about to cross the 100 line down on h4 chart suggesting potential downside pullback.