EUR/USD analysis (July 19)

The market continues to consolidate above its critical level at 1,40. A break below this support will accelerate towards 1,39 and confirm a bearish bias.
1,43 is the important level to watch on the upside. A break above this resistance would expose 1,45.
The outlook remains unclear given the macro-economics themes. We expect a continuation of the consolidation mode until we get a significant catalyst.