Recommendations: SHORT positions below 1.3778 with 1.3720 & 1.3690 as next targets.
Alternative scenario: The upside breakout of 1.3778 will call for a rebound to 1.3827/1.3845.
Description: Intraday outlook in EURUSD remains on the downside as long as resistance 1.3778 holds , support comes at the 1.3720 levels , a halt could be seen , but a break would open 1.3693 levels , further downside will aim the 1.3660/1.3640 levels. On the upside , a clear break above the 1.3778 levels will turn outlook neutral for retesting 1.3827/1.3845 levels before the next fall.
Support & Resistance : 1.3640 , 1.3693 , 1.3720, 1.3778 (PIVOT), 1.3827 ,1.3845 , 1.3875