Seems like both the bulls and bears are fighting it out on EURUSD. With key data due this week, will be interesting (at the very least from a TA point of view) to see how this will shape out. EURUSD is no doubt in an uptrend on the daily chart. Below is weekly chart. EURUSD is definitely looking down, but we aren't sure as yet if its the start of a downtrend or its just a correction. 1.3343 will be a key level to watch (refer to weekly below).