EUR/USD is close to the key resistance at1.3739. Hourly supports are given by 1.3657(intraday low) and the short-term rising channel(around 1.3616). Another resistance can befound at 1.3819.
Monitor the medium-term horizontal rangebetween the support at 1.3477 and theresistance at 1.3739.
In the longer term, we favour a broadhorizontal range between 1.3296 (07/11/2014low) and 1.3893 (27/12/2013 high). A first keysupport is given by the 200 day moving average(around 1.3406).
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MIG Bank