The EURUSD rebound from the support yesterday but fail to make new high. Price is now hovering around the support and resistance area. The support is at 1.333 and 1.325 while resistance is at 1.3394 and 1.3425. If price break through the high resistance, it had the possibility to go to 1.35 and 1.36. If price break below the rising trendline, the price may go to 1.318.
The daily candle develop into a doji and also inside bar. The price is now in between the bullish bar and still waiting for the breakout.
By The Backyard Burner
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