Looking at the EUR/USD chart, we can see that after the impressive run-up in the 1.1425 and reaching as high as 1.148, it managed to consolidate multiple times above the 1.14 level, which acts as support, showing strength.
The closest overhead resistance can be found around the 1.145, as any attempts so far to break and move above it failed. It is currently found trading at 1.142 between support and resistance.
Today we could expect to climb towards the 1.144 and possibly close in on the 1.145 overhead resistance. If, however, it does not manage to hold above the 1.142 range, then a move towards the 1.14 support level can be expected.
