If we study the bottom chart we can see that the Major trend and the Current Trend is still pretty much bullish - this calls for a bullish probability. At this point in time we are waiting patiently for price to break out of this sideways movement between the 1.4282 high and 1.4000 horisontal support. This is also why the indicators are practically mixed.
The CPI figure released later today in the US will most probably have a huge impact on the greenback and as usual we will notice a good dosis of volatility.
Disclaimer: All statements and expressions in this analysis are opinions, and not meant as investment advice or solicitation. Forex can be volatile and opinions may change without notice
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