EURUSD unexpectedly beat 1.3500 & headed for our selling opportunity at 1.3565/70 & topped almost exactly here at 1.3560 this morning. If we revisit 1.3565/70 we can exit longs & try shorts with stops above 1.3595 for the next selling opportunity at 1.3625/30.
Immediate trend line support is 1.3530/20 but below here signals further weakness to 1.3499/95. A good chance of a low for the day here but longs need stops below 1.3470.
Weekly outlook: More chance of a move to the downside this week & perhaps a test of last week's low at 1.3399. Only above 1.3595 is positive this week & can target October highs at 1.3832.