EURUSD: With EUR taking back its intraday gains to close lower on Thursday, EURUSD remains vulnerable to the downside. Support lies at the 1.0800 level. Further down, support lies at the 1.0750 level where a violation will aim at the 1.0700 level. A break of here will aim at the 1.0650 level. Its daily RSI is bullish and pointing lower suggesting further weakness. Conversely, on the upside, resistance comes in at 1.0900 level with a cut through here opening the door for more upside towards the 1.0950 level. Further up, resistance lies at the 1.1000 level where a break will expose the 1.0050 level. All in all, EURUSD remains vulnerable to the downside following a loss of upside momentum.
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