EURUSD Forecast
The EURUSD was indecisive last week. The bias is neutral in nearest term probably with a little bullish bias testing 1.1250 resistance area. Overall I still prefer a bearish scenario at this phase as a part of the false breakout (above the daily EMA 200) bearish scenario two weeks ago but need a clear break at least below 1.1100 support area to continue the bearish scenario testing 1.1000 area. Potential daily range today is seen between 1.1100 – 1.1250.
