FXstreet.com (Buenos Aires) - EUR/USD remains under selling pressure, and despite last upside rebound to the 1.4330 area, pair is back testing the daily lows around 1.4300. As market begins to get thin ahead of tomorrow's U.S. employment report, the European currency remains bearish due to worse than expected data published earlier in the Euro zone, showing a slump in retail sales.

According to Rajoo C. from precise trader, The Daily Trend has been in Sideways for quite some time and expects a Range Trading until the breakout. The Hourly Trend is also in a Range Trading and a Choppy session until the breakout while he sees 1.4355 - 1.4285 as the critical levels to watch to maintain the bullish outlook.

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