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EUR/USD decline in price extended last week towards first target of the down move at 1.3419 and price reverse form there, this move indicated fall 1.4246 might not be a correction. Sustain gain below 1.3828 resistance level would give a sign for further decline. Our vision for next week intraday bias is on down move and we expect price to go further down. Further decline would be seen to 1.3245 support after sustain trade below 1.3828.
On the opposite site, EUR/USD to confirms that reverse in price should be strong one price must trade above 1.3828 level, this would signals that buyers gather lots of power towards 1.4246 resistance level, if there is sustain gain above it this would switch bias. In that case, price should target towards 1.4910 key resistance level.
