EURUSD: Continues To Retain Its Broader Upside Tone (Weekly

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EURUSD: Despite its flat close the past week, EUR remains biased to the upside with eyes on the 1.3415 level.

A break through here will set the stage for more upside towards the 1.3500 level with a break resuming its broader upside and turning attention to the 1.3550 level.

Its weekly RSI is bullish and pointing higher supporting this view. A cut through here will aim at the 1.3300 level. Its weekly RSI has turned higher supporting this view.EURUSD

Conversely, support lies at the 1.3136 level with a turn below here shifting focus to the 1.3050 level and then the 1.3000 level. All in all, EUR remains biased to the upside.

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