EURUSD Forecast
The EURUSD continued its bearish momentum yesterday bottomed at 1.1015. As you can see on my H1 chart below, price broke below the triangle/pennant and H1 EMA 200 suggests a bearish view. The bias is bearish in nearest term testing 1.0950. Immediate resistance is seen around 1.1080. A clear break above that area could lead price to neutral zone in nearest term testing 1.1125 area. Potential daily range today is seen between 1.0950 – 1.1080.
