EURUSD (1.1490): The EURUSD currency pair attempted to test the 1.1540 level briefly, but price action turned weaker on the day. The resistance area putting a cap on any gains is expected to push the common currency lower. The next support level is seen at 1.1435 which could be tested in the near term. This will mark the retest of this level which previously served as resistance. In the event of a break down below this level, further declines could push the common currency lower to 1.1315 level.
