EURUSD (1.1415): The Euro currency maintained its lead against the greenback as the EURUSD posted modest gains. Price action has been trading rather flat below the resistance area of 1.1435 – 1.1460 level. A breakout above this level is required for the Euro to post further gains. The next upside target is sen at 1.174 – 1.1718 level. To the downside, a decline could push the EURUSD toward 1.1315 – 1.1300 level. Establishing support at this level could potentially mark a bottom in place for the EURUSD.
