EURUSD (1.1351): The EURUSD managed to maintain gains on the day as price action rebounded off the support level. The intraday rally sent the common currency to retest the falling trend line once again. However, we expect this short-term bullish momentum to fade as the EURUSD maintains its range. A breakout from the falling trend line will no doubt see price action testing the resistance level once again at 1.14350.
