The EURUSD had a bearish momentum yesterday and hit 1.3260 earlier today. The bias is bearish in nearest term testing 1.3250 – 1.3200 key support area. Price is in a critical technical point now. A clear break and daily close below 1.3250 – 1.3200 would be a threat to the bullish scenario and could be an early signal of a bearish reversal scenario. Immediate resistance is seen around 1.3340/50. A clear break above that area could lead price to neutral zone in nearest term but could give the bullish scenario another chance to retest 1.3400 key resistance area.