EURUSD (1.1381): The EURUSD currency pair is looking to extend the declines down to 1.1200 level as price action is breaching past the minor rising trend line. The drops come following the failure of support at 1.1461. If price action posts a daily close below the minor rising trend line, we could expect the currency pair to push lower and potentially retest the lower end of the range. In the longer term, price action is seen staying flat within the levels of 1.1461 and 1.1200.
