The EUR/USD pair had a bullish move during the previous short and medium trades to
close the previous trading period above the bearish trend line for the medium and long
trades, where the pair is facing 23.6% correction level for the bearish move from 1.4939 to
1.3969, and if the pair was able to trade above this level it will continue rising targeting
1.4265 resistance then 1.4340 that coincides with 38.2% correction level, but in case 23.6%
level held it will push down the pair to trade under the bearish trend again retesting the
support level 1.4125.
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