EURUSD continues to trade in range between 1.3443 and 1.3691. Another bounce to test 1.3691 resistance would more likely be seen later today, if this level gives way, further rally could be seen to 1.3800 area. Key support is at 1.3443, only fall below this level could indicate that the downtrend from 1.4579 has resumed, then next target would be at 1.3300 zone.

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Written by ForexCycle.com