For a 2nd trading day in succession, there was little net movement in EUR/USD yesterday. Higher levels again failed at an important Marabuzo line, but there was no significant subsequent downside. Overall the fluctuation around the 13 day moving average continued and this price action does not provide strong signals for sentiment.
However, it is currently the upside failure, yesterday's and last week's, that is assessed as important. So the judge that the market has potential for slippage through 1.3597 to 1.3575 and 1.3540.