The EUR/USD is in a bullish continuation phase. (eurusd 1h chart, 4/17)1) It held above the 200-hour SMA this week.2) The pair broke above a falling channel last week and is staying above that channel resistance, which acted as support this week. Bullish targets:The market looks poised to test the 1.3905 level, above which the next resistance will be the 1.3966, 2014-high. Resistance, overbought, fibonacci retracement:However in the near-term we can see resistance at 1.3683. The EUR/USD cracked it, barely putting in a new high on the week, but this is not a clear breakout yet. The stochastic and RSI readings suggest the pair is overbought in the intra-session time-frame, and so we can expect some consolidation/correction in the 4/17 US session.1.3860 is also 61.8% retracement of the 1.3905-1.3789 dip that started last Friday and ended this Wednesday session.Bullish mode:However, a bullish market should find support around 1.3820 upon a dip. This is a previous pivot and where the 200-hour resides at the moment. Below 1.38, the outlook turns more sideways, and even bearish in the short-term, though within the context of a bullish market seen in the daily chart. (eurusd daily chart, 4/17)