EURUSD (1.1363): The EURUSD currency pair closed bearish for the third consecutive day. Price action broke past the support at 1.1390 level and might retest the January 24 lows at 1.1300 potentially. Establishing support at this previous low could stall the declines for the moment. However, a break down below 1.1300 level could see the EURUSD extending the declines even lower. In the near term, the breached support at 1.1390 could be tested for resistance on a rebound.
