EURUSD

EUR/USD rises further to as high as 1.3632 so far and intraday bias remains on the upside. Current rally would target 100% projection from 1.2661 at 1.3790. On the downside, below 1.3540 minor support will turn bias neutral and bring consolidations. But downside should be contained by 1.3403 support and bring another rally.fall from 1.4939 is treated as a falling leg inside the consolidation pattern that started at 1.6039 (2008 high). Such decline should have completed at 1.2042 already.trading above 1.3486 will confirm next.