EURUSD Forecast
The EURUSD was indecisive yesterday. The bias remains bearish in nearest term testing 1.0800. Immediate resistance remains around 1.0900. A clear break above that area could lead price to neutral zone in nearest term testing 1.0950/70 but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell. On the downside, a clear break and daily/weekly close below 1.0800 could trigger further bearish pressure testing 1.0650 next week. Fundamental focus today will be on the US NFP number.
