EURUSD (1.1342): The EURUSD currency pair managed to break past the resistance area of 1.1327 – 1.1309 earlier today. Price action should consolidate and potentially revisit the breached resistance level where support could establish. If a rebound off this level happens, then the Euro currency could attempt to post strong gains targeting 1.1435. This marks a retest of the previously breached support level. Establishing resistance at this level could potentially keep the common currency consolidating around the current levels of support and resistance.
