EUR/USD at the 1.3800 level.

Eur/Usd is ranging between 1.1400-1.1500 level, the pair has dropped sharply from near 1.15 handle, immediate support can be seen at 1.1425 which is today's low, break below would expose to the psychological support level of 1.14.
 
The EUR/USD fell by the end of day and bounce around the 1.1400 level, most probably it will climb again tomorrow to test the 1.1500 again.
 
The EURUSD has come back to the 1.1400 after the inflation numbers from the US came out better than expected. Tomorrow's consumer confidence may decide if the pair continues dropping or returns to the upside.
 
The euro recorded a decrease against the dollar on Thursday. Thus, the single currency lost the accumulated profits from the previous session. If negative direction continuewe may expect soon break of support at 1.1171.The session on Thursday started at 1.1472 and the bullish trend prevailed from the start. Bottom of the day was hit at 1.1363, and the session ended at 1.1382.
 
Yesterday the EURUSD plunged with a wide range and closed in the red near the low of the day, creating a bearish engulfing pattern.

The key levels to watch are 1.1460 (Resistance), the 10-day moving average at 1.1345 (support) and 1.1237 (support).
 
It seems support level 1.1300 is back in sight, on the upside 1.1400 handle still act as the immediate resistance.
 
The EUR/USD kept today under the 1.1400 level moving in a tight rang. Hope we can see better performance for the pair next week.
 
I think that next week we can expect EUR/USD to rise again, since it formed a doji candlestick above the resistance at 1.1330 on the four-hour filter chart.
 
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