EURUSD Weekly Analysis – March 2, 2014

EURUSD is facing 1.3892 resistance, a break above this level will signal resumption of the uptrend from 1.2747 (Apr 4, 2013 low), then the following upward movement could bring price to 1.4500 area. Support is at 1.3640, only break below this level could trigger another fall to 1.3400 zone.

eurusd chart