EUR/USD Sees Bullish Momentum


EUR/USD: With more bullishness exposing further upside, EUR looks to extend its strength. Resistance resides at the 1.3900 level.

Further out, resistance comes in at the 1.3950 level followed by the 1.4000 level and possibly higher towards the 1.4050 level. Its daily RSI is bullish and pointing higher supporting this view.

Conversely, support stands at the 1.3710 level followed by the 1.3650 level and then the 1.3600 level. A breach will target the 1.3500 level followed by the 1.3456 level and next the 1.3321 level. All in all, EUR continues to retain its upside bias in the medium term.

Guest post by FX Tech Strategy


Get the 5 most predictable currency pairs

About Author

FX Tech Strategy provides simple forex research for Intra-day, swing and position traders. For over 6 years, FXTechstrategy has been committed to providing forex traders including intra-day, swing and position traders exceptional forex research with technical analysis expertise that makes trading decisions easy and painless. FXTchstrategy won Best Technical Analysis (forex best awards) by fxstreet in 2011 and was finalists, Star Awards by traderplanet in 2011 & 2012.


  1. Pingback: EUR/USD Sees Bullish Momentum | myfxequipment

  2. Pingback: EUR/USD Sees Bullish Momentum - James Invest | James Invest

  3. Pingback: 2014 EUR USD CHART Prediction