The EUR/USD continued its inertia yesterday, reaching a peak at 1.1622, but traded lower during the Asian session, hitting 1.1542. Expectations are neutral, probably with slight downside signals for testing the support at 1.1500. Overall, the price is still in the upward correction phase, but the 1.1570 - 1.1630 remains a good place for short positions with narrow stops above 1.1630. Downwards, a clear breakthrough of at least 1.1500 is required for a potential end of the current bullish correction phase and for keeping the main bearish trend in place.