FXstreet.com (Barcelona) - The Euro has dropped from 1.5902 to 1.5401 so far, the intraday bias, according to the ActionForex technical team remains on the downside: Intraday bias remains on the downside as long as 1.5544 minor resistance holds and further fall could be seen to test 1.5277 support. Nevertheless, the ActionForex techncal team does not discard another rally: Downside is still expected to be contained there and bring at least another rise to 100% projection of 1.3360 to 1.4966 from 1.4438 at 1.6044, which is close to 1.6 psychological resistance before completing recent rally.