The EURUSD didn’t make significant movement yesterday. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 1.3300. Immediate resistance remains around 1.3430. A clear break above that area could lead price to neutral zone in nearest term but need a clear break and daily close at least above 1.3485 – 1.3500 to potentially end the bearish correction phase. As long as stays inside the bullish channel the major bullish scenario should remain valid with the lower line of the bullish channel as a key support.
Most Popular Slideshows
- Australia Bids Adieu to Adam Spencer's Mornings on ABC's "702 Breakfast" Show [PHOTOS]
- SEE PHOTOS! Eva Longoria Wears No Panties at Cannes 2013, Revealed in Embarrassing Wardrobe Malfunction [SLIDESHOW]
- Top 10 Hottest Celebrities with Shocking Weight Loss (And Find Out Their Secrets!) [PHOTOS]
- Demi Lovato Snapped Getting Flirty with The X-Factor Boss, Simon Cowell? [PHOTOS]