EURUSD (1.1345): The EURUSD touched down to the support area of 1.1315 – 1.1300 and is seen currently posting a rebound. The gains are likely to be limited as the EURUSD is likely to see the rebound being capped near the resistance area of 1.1435. To the downside, the gains are also expected to be limited. A breakout above 1.1435 will trigger further gains, but for the moment, we expect the common currency to maintain a sideways range.
