By: Forex Cycle
EURUSD’s short term uptrend from 1.3423 remains. Further rise towards the upper border of the price channel on 4-hour chart is expected. Pullback would more likely be seen after touching the upper border resistance. Near term support is at 1.3830, and key support is at 1.3800, below this level will signal deeper decline to test the support of the lower border of the price channel.