EURUSD Forecast    
The EURUSD was indecisive last week but overall still able to maintain its bullish correction phase and still moving convincingly inside the bullish channel as you can see on my hourly chart below. The bias is bullish in nearest term testing 1.0950 but key/major resistance remains around 1.1040. Immediate support is seen around 1.0850. A clear break below that area could lead price to neutral zone in nearest term testing 1.0800 but as long as stays inside the bullish channel price is still in a bullish correction phase.

eurusdhourly

By FXOpen