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EURUSD FXE

EURUSD is facing 1.3879 resistance, a break above this level will signal resumption of the uptrend from 1.3672, then next target would be at 1.3950 area.

EURUSD Forecast April 17, 2014, Technical Analysis

The EURUSD pair rose during the session on Wednesday, using the 1.38 level as a springboard. However, we pulled back enough to form a shooting star, and it appears that the market is going to continue to meander in this general sanity.

EURUSD FXE

EURUSD’s upward movement from 1.3477 extended to as high as 1.3966.

EURUSD FXE

EURUSD broke above 1.3773 resistance, indicating that the uptrend from 1.3477 has resumed.