EUR/USD is trying to bounce. Hourly resistances can be found at 1.1289 and 1.1460 (16/01/2015 low). An hourly support now lies at 1.1098, while a psychological support stands at 1.1000.
In the longer term, the symmetrical triangle favours further weakness towards parity. Key supports can be found at 1.1000 (psychological support) and 1.0765 (03/09/2003 low). A resistance lies at 1.1679 (21/01/2015 high), while a key resistance stands at 1.1871 (12/01/2015
high).
Read the full report: Technical Research