EURUSD (1.1337): The EURUSD was seen trading relatively subdued with price action staying within the established range. We expect the downside to prevail as the common currency is most likely to retest the 1.1300 – 1.1315 level of support. A rebound off this level could put the bias back to the upside. A breakout of the resistance level at 1.1435 will be required to confirm the upside bias in price. To the downside, the falling trend line could act as dynamic support.
