In a monthly timeframe, EUR/USD has already formed a Bullish Candle called "Morning Star". That is why the yesterday's upward momentum to the north side seems very strong. If we look again at Monthly Charts, this pair is already at Resistance 38.2% Fibs at 1.3125 (now this level became a Support). However, if the Resistance 48.6% at 1.3459 cannot be broken, it means this pair is possible to continue the downtrend movement, but if 48.6% will be broken by EUR/USD, this pair seems to find another target of Resistance at 68.5% at 1.4109 or 78.6% at 1.4448. According to this scenario it seems this pair soon will enter a ranging situation. Except the upward momentum is very strong and the break of the swing High at 100% at 1.5147, this is the sign of that EUR/USD will continue its Upward (Bullish) movement.
Here is a significant intraday level area for EUR/USD today:
Breakout Buy level : 1.3237.
Strong Resistance : 1.3229.
Original Resistance : 1.3216.
Inner Sell Area : 1.3203.
Target Inner Area : 1.3172.
Inner Buy Area : 1.3141.
Original Support : 1.3128.
Strong Support : 1.3115.
Breakout Sell level : 1.3107.
Here is the Screenshot below:
