Forexzilla.org

The bulls and bears are fighting for the 1.4350 level. This is 38.2% fib retracement and previous swing high. If the bears manage to overcome this level the next obstacles on the way to the H&S target (1.4090)  are 1.4280 and 1.4160. The intraday price action tells me that the bears are in control, although a Swiss private bank was a buyer today at the morning support near 1.4370/80. A couple of weeks before the recent dollar rally,  the same or another Swiis bank was EUR/USD seller.