EURUSD rebounds from 1.2965. Range trading between 1.2884 and 1.3300 is still in favor, and further rally would more likely be seen to test 1.3300 resistance in a couple of days, a break above this level will indicate that the fall from 1.3738 (Mar 19 high) has completed at 1.2884 already, and then further rise is expected to 1.3450-1.3500 area. Near term support is now at 1.2965, only fall below this level will take price back to test 1.2884 support.
