EUR/USD selling opportunity at 1.1470/75 with stops above 1.1500. Failure at this resistance targets 1.1459/56, then support at 1.1440/36. A bounce from here on the first test is possible today, but below here targets 1.1423/21, then strong support at 1.1415/10. A good chance of a low for the day, but longs need stops below 1.1395. On a break lower, look for the next target and strong support at 1.1375/70 for an excellent buying opportunity.
A break above 1.1500 is a buy signal and targets 1.1518/23, then minor resistance at 1.1540/45. We are only likely to see a slow crawl higher in overbought conditions. but if we continue higher. look for a test of resistance at 1.1575/79.