EURUSD has drawn a Flag pattern on its way up, to retest 1.3815. A drop under the lower line of the Flag could mean that bears are ready to take control again and send the Euro all the way to 1.3700. If the price will close above the resistance area on a 60 minutes chart we should expect a rally to 1.3850 o even higher. Don’t forget to keep an eye on the economic calendar for the latest releases.