EURUSD (1.1833): The EURUSD extended losses strongly on the day as price action fell to the previous lows below 1.1832. The retest of this level near could potentially signal a rebound in prices but price action is likely to stall back near the resistance level. A breakout above the resistance level of 1.1960 1.1920 could confirm the upside bias. In the near term, if the resistance holds, then EURUSD could be seen pushing lower to test the next support level 1.1730.
