EURUSD Forecast
The EURUSD was volatile but indecisive yesterday. Price is now struggling around the trend line resistance as you can see on my H1 chart below. The bias remains bullish in nearest term especially if price able to make a clear break above the trend line resistance and moving consistently above 1.1050 testing 1.1130 area. Immediate support is seen around 1.1000. A clear break below that area could lead price to neutral zone in nearest term testing 1.0950 or lower, as we might have a false breakout bearish scenario. Potential daily range today is seen between 1.1000 – 1.1130.
