EUR/USD: Shift from bearish to neutral: In a 1.1195/1.1330 range.
The expectation for EUR to move clearly below the 1.1195/1.1200 support was proven wrong quickly as EUR surged above the 1.1290 stop-loss in overnight trading. The outlook for EUR has shifted back to neutral and only a clear break out of the expected 1.1195/1.1330 range would indicate the start of a sustained directional move.