EUR/USD Open 1.4132 High 1.4190 Low 1.4001 Close 1.4141
Yesterday Euro/Dollar attempted to drop, reaching a bottom at 1.4001, but further decreasing momentum was limited and the currency couple rose to the top 1.4190, closing the day at 1.4141. In the medium term there is still no clear direction significant movement, and the European currency is trading within a range. In upward direction important resistance at 1.4200 is expected. Downwards a strong support level is yesterday's bottom at 1.4000. Break below this level may trigger further weakening of the Euro. The CCI indicator is neutral on the 1 hour chart, suggesting calm trading.
