EUR/USD: (1.3995) Failed in its retest of 1.4178 (see graph)

Testing daily Long Term Moving Average (1.3985 today), which managed to act as Support in recent downmove, with pair having failed in its retest of 1.4178 (see graph). Support area at 1.3938/ .3934 (todays + current week low?/ daily projection band bottom), with next levels at 1.3888 (reaction lows hourly), ahead of 1.3866/ .3860 (weekly Uptrendline off March low + daily envelope bottom/ weekly envelope bottom): tough on 1st attempts. Resistance at 1.4035/ .4038 (daily envelope top/ daily

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