EURUSD Daily Forecast

The EURUSD had a moderate bullish momentum yesterday. On h4 chart below we can see that the trendline support still hold so far, preventing the pair from further bearish attack. However we don’t have significant movement yet so be patient and don’t rush jump into the market. On the upside we have 1.4176 as key resistance level. On the downside we have 1.3750 support level to watch closely. Any movement between that area should keep us stay out from the market. Immediate resistance is seen at 1.4050. Initial support at 1.3850. CCI in neutral area both on h4 and daily chart.