$EURUSD

$EURUSD  closed lower on Tuesday signaling an end of the corrective rebound off last week's low. The low-range close sets the stage for a steady to lower opening on Wednesday. 

Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. If December renews the decline off September's high, the reaction low crossing at 1.2520 is the next downside target. If December renews the rally off July's low, the 50% retracement level of this year's decline crossing at 1.3252 is the next upside target. 

First resistance is September's high crossing at 1.3183. 

Second resistance is the 50% retracement level of this year's decline crossing at 1.3252. 

First support is the reaction low crossing at 1.2813. 

Second support is the reaction low crossing at 1.2520.