EURUSD Forecast
The EURUSD failed to continue its bearish momentum yesterday topped at 1.1305. The bias is bullish in nearest term testing 1.1350 – 1.1380. Immediate support is seen around 1.1225. A clear break below that area could lead price to neutral zone in nearest term testing 1.1180 but key support remains around 1.1050. Overall I still prefer a bearish scenario at this phase but a clear break above 1.1350 would be a threat to the bearish scenario testing 1.1465.
