EURUSD Forecast
The EURUSD attempted to push lower yesterday bottomed at 1.1181 but closed higher at 1.1256. The bias is bearish in nearest term testing 1.1180. A clear break below that area could trigger further bearish pressure testing 1.1100 – 1.1050. Immediate resistance is seen around 1.1280. A clear break above that area could lead price to neutral zone in nearest term testing 1.1350 but 1.1350 – 1.1465 area remains a good place to sell targeting 1.1050 with a tight stop loss above 1.1465.
