EURUSD Forecast
The EURUSD had a bearish momentum yesterday and hit 1.0958 earlier today. The bias is bearish in nearest term testing 1.0900. Immediate resistance is seen around 1.1020. A clear break above that area could lead price to neutral zone in nearest term as direction would become unclear. As you can see on my H1 chart below price fell below the EMA 200 after failed to make a clear break above the trend line resistance suggests a bearish outlook. Potential daily range today is seen between 1.0900 – 1.1020. My major technical outlook remains neutral.
