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Well, EUR/USD reached the expected 1.4640 level, and is still close to it, printing lower lows, suggesting rally is not still over, despite the pair is getting extremely oversold in smaller time frames. Pair needs to made an upside corrective movement before next down leg, yet if breaks under 1.4610, downside movement could extend to next key strong support of 1.4550 area before starting a correction. in between, 1.4580 will also offer some support to the pair, and final zone to consider today will be around 1.4500/10. Resistances from current level, are located at 1.4660, 1.4700 and 1.4740 zone.
