EURUSD a “1.3675 shows importance. The Euro tested with surprising accuracy the resistance described as “important” 1.3675, because the maximum was 1.3677 yesterday. We still believe that 1.3675 is the key that can open the way for more profit. Charles Schwab describes an additional similar source. And yet, the “struggle” between this development and the resistance will be the deciding factor that will determine the direction we take from these levels. If the price manages to break the resistance, the rise will continue and will become stronger, as we see that it is oriented towards the major breaks 1.3776 and if we are not surprised to see 1.3861.
The support is 1.3625, and its rupture mean that we are on the way to prove once again the 1.3544 low on Tuesday, then will head an important support, contributed by the 61.8% level Fibonacci of the total increase from 1.3281, which is at 1.3437. If achieved this level or close to it, will be a critical level not only for the short term but also for the medium term. It is worth noting that the EUR / USD has not filled the gap or “closed the window, and therefore, the possibility of downward activity remains latent.