FXstreet.com (Barcelona) - Euro fell down to 1.4310 and bounced back afterwards, the intraday outlook, according to the ActionForex.com technical team has shifted to neutral: EUR/USD's fall was contained at 1.4310, inch above 100% projection of 1.4966 to 1.4524 from 1.4750 at 1.4308. Bullish convergence condition is seen in 4 hours MACD and RSI on subsequent recovery. Intraday outlook is turned neutral for the moment. Resistance levels, according to the ActionForex team stand as follows: On the upside, above 1.4434 resistance will indicate that the fall from 1.4750 likely completed at 1.4310 and bring rebound to 1.4524 support turned resistance. However, break of 1.4750 resistance is still needed to confirm that fall from 1.4966 has completed.
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