EURUSD Forecast
The EURUSD was indecisive yesterday. The bias is neutral in nearest term probably with a little bullish bias testing 1.1215 area. A clear break above that area could trigger further bullish pressure testing 1.1275 area. Immediate support is seen around 1.1125. A clear break below that area could trigger further bearish pressure testing 1.1080. Overall I still prefer a bullish scenario at this phase. Potential daily range today is seen between 1.1080 – 1.1215.
