Recommendations: SHORT positions below 1.3688 with 1.3635 & 1.3600 as next targets.
Alternative scenario: The upside breakout of 1.3688 will call for a rebound to 1.3723/744.
Description: Intraday outlook in EURUSD remains on the downside , as long as resistance 1.3688 holds ,support comes at the 1.3635 levels , a break would open 1.3600 next , further downside will aim the 1.3550 levels . On the upside : sustained trading – hourly closing - above the 1.3688 will turn outlook neutral for retesting the 1.3723/1.3744 levels , further upside will call for a run towards the 1.3775 level.
Support & Resistance : 1.3550, 1.3600, 1.3635, 1.3688 (Pivot) ,1.3723 , 1.3744 , 1.3775
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