EURUSD Forecast
The EURUSD was indecisive yesterday. The bias is neutral in nearest term. Overall price is still in a bullish phase after bounced from 1.0818 but my major technical outlook remains bearish. Key resistance area is seen between 1.1350 – 1.1465, a good place to sell with a tight stop loss above 1.1465. Immediate support is seen around 1.1240. A clear break below that area could trigger further bearish pressure testing 1.1180 but key support remains around 1.1050.
