By ForexMansion.com
Looking at the EUR/USD pair, we can see that we finally got the brake and close above the 1.40 level that we needed to see continuation to the upside for this pair. This is a very bullish sign, even if the momentum isn’t going to be there.
The pair should have a bullish bias for the short-term, with a potential target of 1.45, after it breaks through a minor level at 1.42 or so. Support should be found at both 1.39 and 1.38 in the meantime. Any break below those levels would be very bearish indeed.
