EURUSD Forecast
The EURUSD didn’t make significant movement yesterday. The bias remains neutral in nearest term. Immediate resistance remains around 1.0640. A clear break above that area could trigger further bullish pressure testing the trend line resistance and 1.0700 region which remains a good place to sell targeting 1.0500 with a tight stop loss above the trend line resistance as you can see on my H1 chart below. On the upside, a clear break and daily/weekly close above the trend line resistance and 1.0700 could trigger further bullish correction testing 1.0800 key resistance next week. Overall I remain bearish.
