EURUSD Forecast
The EURUSD was indecisive yesterday. The bias is neutral in nearest term. Immediate resistance is seen around 1.0780. A clear break above that area could trigger further bullish pullback testing 1.0850 – 1.0900 but overall I still prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell targeting 1.0650. Immediate support is seen around 1.0705. A clear break below that area could trigger further bearish pressure testing 1.0650 area.
