EURUSD having penetrated its inside swing at 1.03433, has been limited to further upside momentum due to the downward facing trendline at 1.0400.

With that said, and to suggest further upside direction, a 4-hour close above 1.0400 must be established with next resistance at 1.04739 (61.8% Fibonacci retracement) and in extension 1.0630

To the downside resistance turned to support level of 1.03433 will require a 4-hour close below to confirm a bearish momentum with next support target at 1.02225

Oscillator reading (MACD) suggests a bullish crossover on the 4-hour chart, but could be considered a false break out since valid direction is not visible.