EURUSD: With EURUSD closing lower the past week on corrective pullback, further downside pressure is envisaged.. Support lies at the 1.1350 level. Further down, support comes in at the 1.1300 level where a violation will aim at the 1.1250 level. A break of here will target the 1.1200 level. Conversely, on the upside, resistance comes in at 1.1450 level with a cut through here opening the door for more upside towards the 1.1500 level. Further up, resistance lies at the 1.1600 level where a break will expose the 1.1550 level. All in all, EURUSD remains biased to the downside on further corrective weakness.
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