Euro / dollar made a downward movement yesterday with a bottom of 1.2297. Signals are down for test support 1.2200 - 1.2175. Intrade resistance is 1.2355. A clear break above this level could take the price to a neutral zone with testing at 1.2400 / 50, but the important resistance remains 1.2537. The main ascending views remain valid, but the pair moves up and down in a 360 pips range over the past 8 weeks and we need a clear break above 1.2537 to restore the bullish trend. On the other hand, a clear break below 1.2175 and the trendline should support the main upward trend.