EURUSD (1.2333): The EURUSD was seen closing on a bearish note yesterday after posting an intraday high of 1.2388. The gains were rejected with price testing the short term trend line. Support is seen around 1.2239 level which is expected to hold in the near term. With the horizontal resistance level at 1.2363, the EURUSD is expected to remain muted below this level for the near term while maintaining the sideways range within 1.2363 and 1.2180 level of support.
