EURUSD Forecast
The EURUSD continued its bullish momentum yesterday topped at 1.1284. The bias remains bullish in nearest term testing 1.1350 area. Immediate support is seen around 1.1180. A clear break below that area could lead price to neutral zone in nearest term. Overall, from a daily chart perspective I still prefer a bearish scenario at this phase but need a movement back below 1.1050 to re-activate my bearish mode. On the upside, a clear break and daily close above 1.1350 could trigger further bullish pressure testing 1.1465 or higher.
