EURUSD Weekly Forecast April 28 2014

We are in bullish mode on EURUSD currency pair

Technical analysis for EURUSD

The weekly chart below, shows that the weekly candles strongly bounced from the uptrend fibonacci 23.8 level. The daily candles also strongly bounced from the 50 EMA. On H4 and H1 time frame it also gives us an indication of strong up trend or bullish trend.
eurusd weekly forecast
eurusd daily analysis