EURUSD set to fall

EURUSD under the downward pressure today – under the effect of the of the strengthening intraday EURO sentiment ranked at -11 sentiment points. The next key support stands at the lower daily Bollinger Band at 1.213 (high RealStrength rank of 533). Intraday shorts are keen to drive the pair down to this band – after which the upward correction is likely – given that the lower band has not been touched for the last 50 trading sessions). Upside capped by resistance level 1.2218.