EURUSD (1.1382): The EURUSD currency pair extended the declines touching down to fresh intraday lows of 1.1301. Price action managed to recover slightly closing with a doji near the lows. On the 4-hour chart, the EURUSD currency pair was seen attempting to trade back above the 1.1366 level. As this level served as a brief support, the rebound off 1.1366 could signal a potential correction in the near term. A retest of 1.1366 could confirm the upside bias as the EURUSD could be seen pushing higher to test 1.1540 level where resistance could be established.
