EURUSD Daily Analysis – May 21, 2014

EURUSD’s downward movement from 1.3993 had completed at 1.3648 already, and the pair is now in uptrend. Another rise could be expected and next target would be at 1.3850 area. Support is at 1.3648, only break below this level could trigger another fall to 1.3600 area.

eurusd chart