EUR/USD The pair managed to break above 1.4200 yesterday.  This sets up for a likely test of the May high at 1.4340 (not necessarily today).

1.4240-1.4250 is a resistance area as well as 1.4270.

Support is at 1.4180, followed by 1.4140.  If indeed we are moving higher, 1.4140 should hold on retracements.  Further support is at 1.4100 and 1.4060.

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