EUR/USD daily analysis:

Current price 1.4047. The currency pair has been moving sideways in the last a couple of hours. The resistance is located around 1.4100. Another rise towards 1.4200 zone could be seen later on today depending on the New Home Sales report which will be published in the US today at 3:00 p.m. GMT. At the current hour EUR/USD remains in downtrend position. Strong sell at the moment down to around 1.4020-1.4010.