EURUSD Daily Analysis – April 16, 2014

EURUSD remains in uptrend from 1.3672, the fall from 1.3905 could be treated as consolidation of the uptrend. Range trading between 1.3785 and 1.3905 is possible over the next several days. Resistance is at 1.3905, a break above this level could trigger another rise towards 1.4000.

eurusd chart