FXstreet.com (Barcelona) - Bearish rally halted at the beginning of Asian session, just completing the pullback to the descendant daily trend line broken past March 19th. General trend remains bearish although hourly indicators suggest some upside correction for the next hours.
20 SMA around 1.4343 will be first dynamic resistance to consider. Actual session open also shows a clear break to the downside of a small continuation triangle, said Valeria Bednarik, collaborator at FXstreet.com. Sell orders cull be trigger under recent low of 1.4230.