As noticed yesterday, the EUR/USD prices traded in a restricted level inside a sideway channel and it didn’t make any significant changes.
It’s expected today to test the 1.4303 – 1.4315 area that if breached high, the target should be towards 1.4415. However, should the prices retreat up and couldn’t cross the 1.4303 level, it will signal the resumption of the downtrend and it’s expected to reach the 1.4050 area.
