Euro Working Towards 1.4000

Commentary: There is no reason to change the outlook at this point for a new high (above 1.3852), especially considering that the pair nearly reached that level this morning.

Very short term, there is risk of a larger pullback given the bearish divergence with RSI on the hourly. Still, the bias is bullish as long as price is above 1.3663.

Strategy: Remain bullish, risk is at 1.3663, target above 1.3852