EURO USD Forex Trading Tips and Analysis for Day Traders

EUR/USD The pair did push above some resistance within the longer term range yesterday which indicates a push towards 1.4200 is likely.

Support is at 1.4040 and 1.400. A bounce is likely off these levels, but there is further support at 1.3950 and 1.3900.

Resistance is likely in the 1.4160 area and beyond that 1.4200. 1.4250 should hold, if needed through today's sessions.

Forex Analysis by Dr. Sivaraman at ForexPros. com. For more details about Forex Trading and Tips for decent earnings through Forex Trading, Please check forexpros.com