Technical outlook: EUR/USD had rallied through 1.1019 highs last week before pulling back lower again. An intermediary resistance at 1.0990 levels has been taken out as well and hence a corrective drop was expected. Please note that recent upswing is between 1.0730 and 1.1019 respectively and the fibonacci 0.618 retracement is seen towards 1.0837 levels. […]