Outlook in EURUSD remains on the upside as long as 1.1382/1.1340 support holds on a daily closing basis, resistance comes at the 1.1450 levels, a halt is likely, but a break would open 1.1533 next, further upside will target the 1.1640/1.1700 levels.

On the downside, support comes at the 1.1382/1.1340 levels, sustained breakout -daily closing – below 1.1340 levels will suggest short term topping and open the 1.1278/1.1200 levels before the next rise…

In all, as long as 1.1382/1.1340 support holds on a daily closing basis, outlook in EURUSD remains on the upside towards the 1.1450 levels ahead of the 1.1533 levels, below 1.1382/1.1340 levels faces a pullback risk towards the 1.1278/1.1200 levels before the next rise.Note: Intraday support comes at the 1.1395 levels ahead of the 1.1342 levels (main).(4-hour closing basis).

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