EURUSD: A sell off on Thursday has halted EUR’s upside offensive but does not harm its overall broader upside. It should eventually re-take the 1.3344 level on ending its correction.
Above here will aim at the 1.3415 level where a violation will turn focus to the 1.3450 level. Conversely, support lies at the 1.3200 level followed by the 1.3165 level where a violation will target the 1.3000 level.
Further down, support comes in at the 1.2963 level. All in all, EUR continues to retain its broader upside bias.
Guest post by FX Tech Strategy
