EURUSD breaks lower
 

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The euro tumbled as the dollar gained some ground over its competitors. After a short-lived grind over 1.1700, a bearish breakout has seriously dented the bullish bias from the daily chart’s perspective. The next round number of 1.1600 is the target to see if there are signs of support as the RSI sinks into the oversold zone. The support-turned-resistance of 1.1660 is the first hurdle to lift to ease the bearish pressure, or 1.1550 at the base of the recent bounce could be the next target.
 

USDJPY tests resistance
 

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The US dollar rallied on upbeat data before the pair witnessed a slight pullback due to a loss of momentum. Sentiment remains upbeat despite the psychological hurdle of 153.00 looming, which is the previous swing high. A close above the recent top at 151.50 would confirm the bullish fever in the short term and send the greenback towards 152.00. 149.80 is the closest support in case of a prolonged consolidation.
 

SPX 500 bounces back
 

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The S&P looked for another record close after moderate gains in the past few sessions. The latest retracement has been contained above 6600 near the origin of a previous rebound, keeping it valid in the process. A fresh high above 6800 would consolidate the bulls’ confidence and trigger a broader recovery. 6560 from the recent bounce could be the bears’ last line of defence and its breach could open the door to the previous low at 6400.

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