EURUSD (1.1304): The EURUSD currency pair traded below the support area of the 1.1327 – 1.1309 region. Price action has been muted as the lower support level near 1.1256 remains a key target to the downside. Failure to extend the declines could keep the common currency trading flat near the support area. If there is a rebound to the upside, then the EURUSD could push higher to extend the gains toward the previous highs at the 1.1381 region. This would be followed by a move toward the main resistance area of 1.1435.
