EURUSD Forecast
The EURUSD had a strong bullish momentum yesterday on broad US Dollar weakness after FOMC, topped at 1.1039 but closed lower at 1.0859. This fact interrupts the major bearish scenario. The bias is bullish in nearest term retesting 1.1039. Immediate support is seen around 1.0800. A clear break below that area could lead price to neutral zone in nearest term testing 1.0700. I prefer to stand aside for now and wait for further development.
