EURUSD Forecast
The EURUSD attempted to push higher yesterday topped at 1.1385 but closed lower at 1.1320. The bias remains neutral in nearest term. We have a double top formation around 1.1380, suggests a potential bearish scenario. Key resistance area remains between 1.1350 – 1.1465, a good place to sell with a tight stop loss above 1.1465 with potential target seen around 1.1050. Immediate support is seen around 1.1280. A clear break below that area could trigger further bearish pressure testing 1.1200.
