Talking Points: • EUR/USD Technical Strategy: Flat • Support: 1.0968, 1.0818, 1.0661 • Resistance:1.1051, 1.1277, 1.1466 The Euro gapped below trend line support set from mid-April against the US Dollar but breakout confirmation is pending for now. Near-term support is in the 1.0968-1.10 area (horizontal pivot, 23.6% Fibonacci expansion), with a break below that on a daily closing basis exposing the May 27 low at 1.0818. Alternatively, move back above the trend line, now at 1.1051, opens the door for a challenge of the June 29 high at 1.1277. The available trading range is too narrow to justify entering a trade in ... (full story)