With the failure to provide clear break above immediate TL resistance of 1.1635, not to mention about 1.1650-55 horizontal-region, the EURUSD is likely to witness pullback towards 1.1560 before revisiting the 1.1530-25 support-zone for one more time. In case sellers refrain to respect the 1.1525 rest-point, the 1.1480 and the 1.1430 may mark their presence on the chart whereas 1.1350 and the 1.1300 could entertain them afterwards. Alternatively, pair’s ability to cross the 1.1635 and the 1.1655 resistance can escalate its recovery in direction to the 1.1700 and the 1.1745 levels. However, the 61.8% FE level of 1.1800 ... (full story)