Technical forecast for EUR/USD

EURUSD broke lower but bounced just above next support at 1.3195/90 & rocketed to resistance at 1.3335/40 with a high for the day expected. Stops above 1.3365 were not triggered so shorts are looking for a test of support at 1.3326 today. Below here use 1.3305/00 for profit taking on shorts. Any longs here need stops below 1.3280 but we can try longs again at 1.3265/60 with stops below 1.3240.

Short term we do look positive so a break above 1.3365 cannot be ruled out and could target 1.3400/17 highs & a selling opportunity here. Exit longs & try shorts with stops above 1.3440.