International Trading


Euro has broken under a small ascendant trend line, and even completed a pullback to it, being unable to recover the 1.3700 area. Currently testing 20 SMA in the 4 hours chart, pair could extend its fall if the dynamic support gives up: candle opening below 1.3665 daily low, should confirm a bearish rally towards 1.3580/1.3610 price zone. 

The upside remains limited by 1.3730 and only clearly above the level, pair could resume its bullish trend, aiming to retest 1.3780 price zone.

View Live Chart for the EUR/USD