EURUSD Forecast    
The EURUSD failed to continue its bullish momentum yesterday and hit 1.1227 earlier today. The bias is bearish in nearest term testing 1.1200 – 1.1140 support area but overall I remain bullish and still prefer to buy on dips. Immediate resistance is seen around 1.1300. A clear break above that area could lead price to neutral zone in nearest term testing 1.1370 – 1.1400 area or higher.

eurusdhourly

By FXOpen