EURUSD Forecast
The EURUSD had a bullish momentum yesterday topped at 1.0939. The bias is bullish in nearest term testing 1.0950. A clear break above that area could trigger further bullish pressure testing 1.1000 or higher. Immediate support is seen around 1.0880. A clear break below that area could lead price to neutral zone in nearest term testing 1.0800 key support which need to be clearly broken to the downside to confirm the rounding top bearish scenario testing 1.0700 – 1.0500 region. Fundamental focus today will be on the US final GDP q/q. My major technical outlook remains neutral.
