EUR/USD Analysis (August 30)

Considering a return of the risk appetite on the market, we continue to watch a possible development to the upside on the Euro after a confirmation of the break above 1,45.
If the pair manages to establish above 1,45 we expect a test of 1,47 corresponding to the weekly upper bollinger band.
On the other side, a break below 1,4250 would expose key 1,40 support.