The following is a technical analysis of seven major currency pairs for this week: EUR/USD may trade with risks skewed to the downside this week after consolidating last week within a possible bearish pennant following the sharp fall from the Oct. 27 high of 1.4248 to Tuesday's low of 1.3608. Support is at Thursday's low of 1.3654, and then at 1.3608; a breach would expose the downside to the Oct. 11 low of 1.3565, and then to the Oct. 10 low of 1.3346. Resistance is at Friday's high of 1.3870; a breach would expose the upside to the 100-day moving average, coming in now at 1.4043, and then to the 200-day moving ... (full story)