EUR/USD tested support at 1.3725/15 but ran over to 1.3703 before bouncing to resistance at 1.3770/80 which did hold a move higher as expected. This could hold if tested again today, but shorts need stops above 1.3790. Go with a break higher as this negates the head and shoulders pattern and could target resistance at 1.3810/20 but a high for the day is expected here if reached for a selling opportunity.
Immediate support is 1.3740 but below here targets trend line and Fibonacci support at 1.3720/10 with a low for the day possible. The negative head and shoulders pattern is till in play so a break below 1.3700 however keeps the market under pressure to test the 100 day moving average and Fibonacci support at 1.3675/65 for a short term buying opportunity.