EURUSD breaks above 1.4338 previous high resistance, suggesting that the uptrend from 1.2456 has resumed. Further rally is now in favor and target would be at 1.4700 zone. Key support is now at 1.4007, only fall below could take price back towards 1.3748.
For long term analysis, EURUSD remains in long term uptrend from 1.2456, further rise to 1.5000 zone is expected in next several weeks.
