Euro Technical Outlook

The EURUSD has found its first level of support 1.5600 with deeper support residing in the 1.5550 -1.5600 zone.

We continue to view the move as corrective in an overall uptrend but a break below 1.5500 would create tremendous technical damage and put our upside scenario at risk.
STRATEGY: Bullish, against 1.5303 (but lighten up), target is above 1.6018