EURUSD Forecast    
The EURUSD continued its bearish momentum last week bottomed at 1.0461 but traded higher earlier today hit 1.0534. The bias is bearish in nearest term testing 1.0400. Immediate resistance is seen around 1.0550. A clear break above that area could lead price to neutral zone in nearest term testing 1.0630 but any upside pullback now is normal and should be seen as a good opportunity to sell.

eurusdhourly

By FXOpen