The market has been consolidating since the breakout of the daily triangle from last week. The outlook remains unclear given the macro-economics themes with market participants waiting for a significant catalyst to define their trading strategy.
1,43 is the important level to watch on the upside. A break above this resistance would expose 1,45.
A break back below critical level at 1,40 though would expose 1,39 (200 moving average).
Provided by atf-forex-trading.com