EURUSD 1-Hour Market Analysis

The EUR/USD pair on the 1-hour chart has retreated from the 1.1435 recent high and is currently fluctuating at a low level with a corrective trend, latest price at 1.1386. Resistance levels are at 1.1400 and 1.1420, while support levels are at 1.1370 and 1.1360. In the short term, it is expected to maintain a range-bound movement between 1.1370 and 1.1400. If 1.1400 is effectively breached, further upside is likely; otherwise, it will fall back to test the lower support.