EURUSD: Now targeting 1.3324/295. The euro is back on its losing streak as the chance of correction disappeared on the break below 1.3378. A 261.8% Fibo projection ref at 1.3378 and a Q4’13 low of 1.3295 is the next target zone. Below a short-term stretch is currently not kicking in until 1.3265. Primary resistance is located at yesterday’s mid-body point at 1.3400 and the current intraday stretches are located at 1.3330 & 1.3425.
Read the full report: Technical Alert