EURUSD Forecast
The EURUSD was indecisive yesterday but overall still able to maintain its bullish correction bias so far challenging 1.0650 key intraday resistance. The bias remains bullish in nearest term. Immediate support is seen around 1.0580 – 1.0550. A clear break below that area could lead price to neutral zone in nearest term but would keep the major bearish bias remains strong testing 1.0500 – 1.0460 region. On the upside, a clear break above 1.0650 would interrupt the bearish scenario and could trigger further bullish correction testing 1.0700 or higher.
