FXstreet.com (Barcelona) - After trading in range between 1.4365 and 1.4390 throughout the European session, the EUR/USD is currently testing the range's upper part . EUR/USD is trading 0.20% above today's opening price action at 1.4355.

The 76.4% Fibonacci correction stood strong against the last bearish wave for the euro versus the dollar, with positive signs appearing on momentum indicators. says the ecPulse.com analysis team , therefore, we expect a bullish intraday direction that initially targets 1.4545 and mainly requires 1.4325 to remain intact with four-hour closing.