EURUSD Forecast
The EURUSD failed to continue its bullish momentum last week. The bias is neutral in nearest term probably with a little bullish bias testing 1.0900 – 1.0950 resistance area. As long as stays above 1.0800 the bullish outlook testing the trend line resistance should remain valid but from another technical perspective as you can see on my H4 chart below we have a rounding top formation which is a bearish pattern which will be confirmed by a clear break below 1.0800 with potential target seen around 1.0700 – 1.0500 area. My major technical outlook remains neutral.
