EUR/USD (a 4-hour chart)
The U.S. dollar grew on Friday to the main European currencies, but fell vs. the yen and the commodity currencies. Euro and Pound continued a corrective decrease. The yen updated yearly low, but then grew.
The head of the BOJ - Kuroda said that the central bank would take additional measures to stimulate the economy if consumer price inflation wanes. The commodity currencies showed growth after a strong reduction of the previous week.
The pair is growing though it is in a flat now. Kijun -Sen is horizontal and Tenkan-Sen is directed upwards. The price is above the Cloud. The upward movement remains as long as the Kijun-sen is below the price.
Bollinger indicates a flat. The bands are horizontal.
The MACD is in the positive area, just below the signal line. The histogram is reducing, which gives a signal of a possible sale.
The correction is not confirmed, the break above the resistance 1.3830 is possible. If the pair breaks this level, it can grow to 1.4000
The break below 1.3490-1.3525 will give a signal of trend change and focus attention on testing the support 1.3300-1.3320.