EURUSD Forecast
The EURUSD attempted to push lower yesterday bottomed at 1.0519 but whipsawed to the upside and closed higher and hit 1.0592 earlier today. The bias remains bearish in nearest term testing 1.0550 – 1.0500 before testing 1.0460 important support area. Immediate resistance is seen around 1.0600. A clear break above that area could lead price to neutral zone in nearest term testing 1.0650 area or higher but overall I still prefer a bearish scenario at this phase.
