EURUSD Daily Analysis – March 13, 2014

EURUSD is facing 1.3914 resistance, a break above this level will signal resumption of the uptrend from 1.3477, then next target would be at 1.4000 area. Initial support is at 1.3830, and the key support is located at the upward trend line on 4-hour chart, only a clear break below the trend line support could signal completion of the uptrend.

eurusd chart