Short Term Technical Outlook: Neutral, as downward momentum clashes with strong support at 1.3500. That level is likely to break, see below for whether it’s likely to happen this week. Medium & Long Term Technical Outlook: Bearish – all momentum indicators on weekly charts suggest more downside in the coming months. First we look at overall risk appetite as portrayed by our sample of global indexes, because the EURUSD usually tracks these fairly well, particularly the leading US and European indexes. The main exception to this rule comes when either the Fed or ECB is expected to make a policy change in the near ... (full story)