EUR/USD Trend For Today: FOREX Signals

EUR/USD remains in a narrow range below the 78.6% retracement of the March to April decline near 1.3900
Our near-term trend bias higher in the Euro while over 1.3730
A push through 1.3900 is needed to trigger a new leg higher, but traction over 1.3970 is really required to confirm any sort of meaningful strength
A cycle turn window of some importance is seen next week
A move under the 2nd square root relationship of the year’s high at 1.3730 will turn us negative on the Euro

EUR/USD Strategy: Like the long side while 1.3730 holds.

Trading Levels:
Support: 1.3830- 1.3730
Resistance: 1.3900- 1.3970