The EUR/USD shows a correction we had expected; right now it is trading at the daily support level of 1.3270 resistance level and was very strong due to the attempt to break on two occasions. It is possible to continue its correction for next few days until the 1.2920 fractal, which coincides with the retracement level of 23.6% Fibonacci lines. We recommend buying at this level, with objectives at 1.3170. A close below 1.29 will start a longer bearish sequence.
Trend indicators together with MACD are showing overbought levels.