Lloyds Bank maintains its view is bearish on EUR/USD and waiting for breaks technical.
«EUR/USD today opened globally in the same area as during the last two sessions, well contained in the range of 1.1670/1.1880.
As long as we operate under the resistance of 1.1860/80, we continue to build a movement in the direction of 1.15.
A drop under the support 1.1730/1.1670 would strengthen our conviction, paving the way towards 1.1580 and then 1.15.
A rally above the 1.1880 would suggest that there is the potential for a larger correction towards 1.1950/1.2000, where we will watch a formation of a top. «