Source: ForexYard EUR/USD Meets Technical Resistance at 1.3900 The EUR/USD rose last week following the completion of a long-term consolidation trend, reaching a 4-day high of 1.3900. This morning, however, the pair bounced off the resistance level and is now trading near 1.3865. Economic News USD – US Dollar Jumps Higher at Monday Opening The US dollar (USD) was seen trading moderately bullish Monday morning as traders saw a small increase in risk aversion following last week's economic reports. The EUR/USD rose last week following the completion of a long-term consolidation trend, reaching a 4-day high of 1.3900. This morning, however, the pair bounced off the resistance level and is now trading near 1.3865. Inflation and housing reports . . . → Read More: EUR/USD Meets Technical Resistance at 1.3900