EURUSD (1.1282): The EURUSD currency pair continued its bullish reversal with prices advancing for the third daily session. Having cleared the minor resistance level at 1.1256, the common currency closed above this level. It is now nearing a retest of the next main resistance at 1.1327 – 1.1309. In the near term, any declines could be limited to 1.1256 where we could establish support. As long as the support level at 1.1256 is not breached, the EURUSD could maintain the bullish momentum.
