By: iForex.bg
EUR/USD Open 1.3934 High 1.3977 Low 1.3806 Close 1.3943 Euro/Dollar made significant upward movement on Wednesday. The currency couple decreased to the bottom 1.3806, but further bearish impetus was rejected as the European currency rose sharply to the top 1.3977, closing at 1.3943. Signals are neutral for now, but there is still potential for the decreasing scenario to be renewed, especially if the quotes consistently move under 1.3800. Dent at the above key level downwards may trigger further bearish movement with targets towards 1.3650. The nearest resistance is yesterday's top at 1.3975, followed by 1.4090. Technical resistance levels: 1.3975 1.4090 1.4200 Technical support levels: 1.3800 1.3650 1.3490