EURUSD Forecast
The EURUSD attempted to push higher yesterday topped at 1.1378 but whipsawed to the downside and closed lower at 1.1236. The bias is bearish in nearest term testing 1.1180 – 1.1150. Immediate resistance is seen around 1.1285. A clear break above that area could lead price to neutral zone in nearest term testing 1.1350/75. As you can see on my hourly chart below price slipped below the bullish channel suggests a potential bearish bias but my major technical outlook is neutral.