EURUSD Forecast
The EURUSD attempted to push lower last week bottomed at 1.0710 but whipsawed to the upside, closed at 1.0926 and hit 1.0969 earlier today. As you can see on my H4 chart below, price slipped above the minor trend line resistance but still unable to make a clear break and consistent movement above 1.0950 so far. The bias remains bullish in nearest term especially if price able to make a clear break and consistent movement above the minor trend line resistance and 1.0950 testing 1.1060 area. Immediate support is seen around 1.0900. A clear break below that area could create a false breakout bearish scenario testing 1.0835/00 area.
