EURUSD Daily Analysis – April 17, 2014

EURUSD is in consolidation of the uptrend from 1.3672. Range trading between 1.3785 and 1.3905 is possible over the next several days. Key resistance is at 1.3905, a break above this level will indicate that the uptrend from 1.3672 has resumed, then next target would be at 1.4000 area.

eurusd chart