EURUSD (1.1365): The EURUSD currency pair was seen extending declines earlier on Tuesday with the intraday lows reversing just a few pips off the 1.1334 level of support. In the near term, we expect this support to be tested a bit more firmly, but the bias remains to the upside for the moment. With the ECB meeting due tomorrow, the common currency is expected to trade flat in the near term. The upside could be capped near the highs of 1.1397.
