The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.NEW YORK ( fxtechstrategy.com) -- The euro-dollar currency pair (EUR-USD) followed through lower this past week and is expected to see more weakness in the coming week. The pair will target the 1.3300 level first and then 1.3245, its Jan. 17 low. The next target after that would be the big support level at 1.2874, the pair's January low. The euro-dollar currency pair has been under intense pressure since it tumbled from the 1.4938 level in May. > > Bull or Bear? Vote in Our Poll The weekly studies are bearish and pointing lower, suggesting further weakness. In order to reduce its present weakness, EUR-USD must breach 1.3799, its September high. After that, the next target would be 1.3835, but that level would most likely turn the pair back down in the direction of its medium-term weakness. Further out, resistance lies at 1.3936, the pair's Sept. 9 high.