Euro continues its sideways trend

Euro continues its sideways trend

EUR/USD: The euro is currently sitting 1.3173 on the .382 Fibo. Looking to continue down to the S4 and bounce on the trend wall back to the top. The short-term outlook is sideways. The medium-term outlook is slightly bullish. Long position can be continued with stop loss at 1.3095.

It is likely to find resistance at 1.3320 and support at 1.3095.