EURUSD Slowly Rebound

EURUSD H4 chart looks at still tend to move down to the position that is currently still in the declining channel. Lower limit of the channel is now in the 1.3295 and the upper bound is 1.3488.

But on the other hand, the level of 76.4% and a low Friday sessions can last. Each of these is 1.3370 and 1.3351. From the area of ​​support is finally EURUSD, the larger the time frame does still have the strength to rise, eventually managed to rebound.

If the EURUSD was able to continue to hold above 1.3400 area. currency pair is likely to continue increasing intraday with an initial target at the upper limit of the channel.