EURUSD Forecast
The EURUSD attempted to push higher yesterday topped at 1.1277 but closed lower at 1.1211. The bias is neutral in nearest term. Immediate support is seen around 1.1140. A clear break below that area could trigger further bearish pullback testing 1.1070/40 region. Immediate resistance is seen around 1.1280 – 1.1300. A clear break above that area could trigger further bullish pressure testing 1.1350 or higher. Overall, as long as stays inside the bullish channel I still prefer a bullish scenario at this phase.
