The medium, short-term trades and the intraday are still bearish, whereas the EUR is
declining strongly against the main currencies, it's noticed in the chart that the EUR/USD
pair is trying to break the support level 1.4045 which breaking it represents confirming
continuing forming the bearish direction for the long-term, it's expected in case of this
breaking that the pair will target declining the level 1.3964 which represents 127%
Fibonacci retracement continuous level for the bullish direction (from 1.4045 to 1.4345)
breaking this level also means a further drop till the next support level at 1.3860.
This expectation depends on the stability of the resistance level 1.4115.
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