EURUSD: With EUR on the verge of resuming its broader upside following its early morning rally, further upside offensive is expected in the days ahead. This leaves it targeting the 1.3307 level. Further out, resistance resides at the 1.3350 level followed by the 1.3400 level. Its daily RSI is bullish and pointing higher supporting this view. On the downside, support comes in at the 1.3171/25 levels where a reversal of roles is likely to occur and turn it higher again. Further down, support is seen at the 1.3100 level followed by the 1.3000 level. All in all, EUR continues to retain its broader medium term upside bias.
