EUR/USD Open 1.4282 High 1.4321 Low 1.4201 Close 1.4287
Euro/Dollar traded hesitantly on Thursday. The currency couple climbed to the 1.4321 top, after which started consolidating, closing the day at 1.4287. After the FOMC statement on Wednesday, the dollar triggered more volatile market in its whole basket, with prices making new peaks and bottoms without direction. Possible ascending scenario would be expected if the nearest 1.4320 resistance is penetrated upwards convincingly. Downward scenario may be expected if yesterday's bottom 1.4200 is broken, with possible test of the next objective at 1.4080. CCI has just crossed down the 100 line on the 1 hour chart, suggesting potential bearish pressure.
Technical resistance levels: 1.4320 1.4450 1.4565
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