EUR/USD has thus far successfully tested the support at 1.1262. However, the current weak bounce suggests persistent selling pressures. Hourly resistances can be found at 1.1431 (intraday low) and 1.1534. Another support lies at 1.1098.
In the longer term, the symmetrical triangle favours further weakness towards parity. As a result, the recent strength is likely to be temporary. A resistance lies at 1.1679 (21/01/2015 high), while a key resistance stands at 1.1871 (12/01/2015 high). Key supports can be found at 1.1000 (psychological support) and 1.0765 (03/09/2003 low).
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