EURUSD Daily Analysis – May 6, 2014

EURUSD is facing 1.3905 resistance, a break above this level will indicate that the uptrend from 1.3672 has resumed, then next target would be at 1.4000 area. Support levels are at 1.3810 and 1.3775, only break below these levels could trigger another fall to1.3700 zone.

eurusd chart