Euro Breaks Above 1.3400

[B]Commentary[/B]: The bounce from 1.3261 has been stronger than expected and looks impulsive, thus we see bullish potential. Support is at today?s low of 1.3375 and potential resistance is 1.3441/90, which is the area bound by the 61.8% and 78.6% of 1.3552-1.3261.

The longer term bearish bias is intact as long as price remains below 1.3552.

[B]Strategy[/B]: None