EURUSD (1.1733): The EURUSD was a bit volatile yesterday with price action seen consolidating near the support level of 1.1730. Price action is likely to continue this way until further clear direction is established. In the short term, a minor support level has been formed at 1.1691. A break down below this level will suggest further declines to 1.1635 as suggested previously. To the upside, if price continues to push higher, then support is likely to be established at 1.1730. A bounce off this level will signal a move towards 1.1800.
