EURUSD Forecast
The EURUSD continued its bullish momentum yesterday topped at 1.0990. The bias remains bullish in nearest term testing 1.1040 key resistance. Immediate support is seen around 1.0925. A clear break below that area could lead price to neutral zone in nearest term but as long as stays inside the bullish channel price is still in a bullish correction phase. On the upside, a clear break above 1.1040 could be an early signal of a major bullish reversal scenario.
