The EURUSD was corrected upside yesterday. The pair topped at 1.3746 and closed at 1.3655. The bullish momentum was significant but any upside correction after the pair hit important support level around 1.3300 area (1.3313 on Tuesday) is not a surprise for me. The bias is neutral in nearest term, but I believe the bearish scenario is still intact in longer term. Only a move above 1.3850-1.3900 area could be considered as a potential violation to the bearish scenario. Immediate support is seen at 1.3550. A break below that support level could trigger further bearish momentum testing 1.3300 area once again. CCI in neutral area on 4h chart.
EURUSD Daily Supports and Resistances: