EUR/USD UPDATE: beat 1.1434/37 to hit the next target of 1.1455/60 and topped exactly here. A sharp sell off has held first support at 1.1365/60. Failure here however tests trend line support at 1.1325/20 but we could fall as far as better support at 1.1305/00. A good chance of a low for the day if we fall this far but longs need stops below 1.1280.
Holding first support at 1.1365/60 targets minor resistance at 1.1385 then 1.1430/35. A break above the next target of 1.1455/60 meets resistance at important October highs at 1.1490/95. Just be aware that a break above 1.1515/20 signals further gains targeting 1.1550/60.