• EUR/USD bias remains bullish, with an eye in 1.40 (important psychological area), and before this level probable resistance at 2014 highs.
  • Bullish outlook, but for the rally to continues price needs to consolidate above 1.40.
  • Immediate support at 1.3880; followed by 1.3850 and then the upward line that currently stands at 1.3800.
EUR/USD daily - 05/08
EUR/USD daily – 05/08