EURUSD Forecast    
The EURUSD had a moderate bearish momentum yesterday bottomed at 1.0808 after broke below 1.0850. The bias is bearish in nearest term testing 1.0800 – 1.0750. Immediate resistance is seen around 1.0850. A clear break above that area could lead price to neutral zone in nearest term testing 1.0900 or higher but key resistance remains around the H4 EMA 200 and 1.1040 as you can see on my H4 chart below.

eurusdh4

By FXOpen