EURUSD (1.1793): The EURUSD currency pair posted gains on Thursday as price action clearly breached the resistance level at 1.1730. However, indications of a hidden bearish divergence on the daily chart suggest a pullback toward 1.1730 to establish support ahead of further gains. To the upside, resistance level near 1.1959 – 1.1920 remains the short-term target. On the 4-hour chart, we could expect to see a minor reversal following the minor resistance level at 1.1846 – 1.1824 region.
