FXstreet.com (Barcelona) - Euro's rebound from 1.4438 has lost strength, and according to the ActionForex Technical Team the bias now in on the downside: Break of 1.4502 minor support argues that such rebound has completed and intraday bias is now flipped back to the downside for 1.4438 support and then short term rising trend line (now at 1.4405). On the upside, the ActionForex Team forecasts: On the upside, above 1.4576 will indicate rebound from 1.4438 is still underway. Though, break of 1.4672 is needed to indicate fall from 1.4951 has completed. Otherwise, another decline could still be seen.
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