EUR/USD reached the 1.4000 level in the immediate aftermath of the upbeat Philly Fed survey. After collecting another scalp, prices dipped into the 1.3970s. Traders will now eye the related markets for further cues as to what should follow next. US equities are up 0.8% and oil has pushed back into positive territory at $71.15.
1.4040 is the next area of chart resistance.
