EURUSD Forecast
The EURUSD continued its bearish momentum yesterday bottomed at 1.0854. The bias remains bearish in nearest term testing 1.0820 area. However, note that 1.0915 – 1.0820 support area remains a good place to buy with a tight stop loss below 1.0820. My major technical outlook remains neutral. Immediate resistance is seen around 1.0915. A clear break above that area could lead price to neutral zone in nearest term testing 1.0970 region. Potential daily range today remains between 1.0820 – 1.0970.
