Technical outlook: The EURUSD is likely to approach a minimum drop towards 1.1300 levels and up to 1.1250/70 levels. We have presented the hourly chart today highlighting the recent upswing between 1.1180 through 1.1412 levels respectively. A simple retracement of the above boundary should bring EURUSD lower towards the Fibonacci 0.618 support seen at 1.1270 […]