EUR/USD is weakening and is nowapproaching its support at 1.3333. A strongsupport stands at 1.3296 (07/11/2013 low). Aninitial resistance now lies at 1.3366 (intradayhigh), while an hourly resistance can be found at1.3415 (13/08/2014 high).
In the longer term, EUR/USD is in a successionof lower highs and lower lows since May 2014.The downside risk is given by 1.3210 (second leglower after the rebound from 1.3503 to 1.3700).A strong support stands at 1.3296 (07/11/2013low). A key resistance lies at 1.3549 (21/07/2014high).
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