EUR/USD a simple look

The better than expected news from yesterday confidence survey in the US did little to this pair and this is worth noting.

Take a breather midweek, it is good to look at the chart simply without any bias of the previous days and news.

Resistance and support lines of the past weeks can be found at the areas of 1.44, 1.4280, 1.42 and 1.4.

It is also good to note that the past few days were bearish for this pair.

Taking clues from the stock markets whether is there risk aversion, we can then judge our positions.

Trade safe.

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