EURUSD (1.1344): The EURUSD closed on a bearish note on Thursday following the previous day’s doji. Price action is expected to push lower as the falling trend line failed to hold the declines. The downside support at 1.3150 – 1.3000 is expected to be retested once again. However, there is a risk that the support level could fail. This could potentially open the way for the EURUSD to extend the declines even lower.
