Seems like both the bulls and bears are fighting it out on EURUSD
. With key data due this week, will be interesting (at the very least from a TA point of view) to see how this will shape out. EURUSD
is no doubt in an uptrend on the daily chart
. Below is weekly chart. EURUSD
is definitely looking down, but we aren't sure as yet if its the start of a downtrend or its just a correction. 1.3343 will be a key level to watch (refer to weekly below).