The EUR/USD pair remains bearish, although 4-hour charts show some reversal patterns, which can give strength in the next hours, especially if it manages to break 1.3100, significant resistance.
The weekly support level of 1.3047, serves as a background for the decline of the pair. We believe that a close below 1.3047 gives place to the pair to fall to 1.2970, probably.
Therefore, we recommend buying above 1.3100, with a goal to 1.3365 U.S. dollars per euro. The range indicator is showing bullish signals.
