The EUR/USD has seen selling in the early Tokyo session although the uptrend remains very much intact.

The pair remains in a uptrend with support at 1.3900. A break below 1.3990 would indicate a move to this level, but false breakout are common in early trading.

Two rising trend lines also provide support. One currently rests at 1.3900, and the other at 1.3800. The 1.3800 corresponds to an old resistance level on the hourly chart which now will act as support.

A move above 1.4050 would trigger an initial move to test 1.4100, and beyond that the December 30 high just above 1.4200.

Forex Analysis by Dr. Sivaraman at ForexPros. com. For more
details about Forex Trading and Tips for decent earnings through Forex
Trading, Please check forexpros. com