EURUSD Forecast
The EURUSD was indecisive last week. Price attempted to push higher, topped at 1.1317 but found a good resistance at the upper line of the triangle formation as you can see on my H1 chart below and closed lower at 1.1209. The bias is neutral in nearest term and we need a clear break from the triangle to see clearer direction. Potential daily range today remains between 1.1130 – 1.1300. Aggressive intraday traders can still sell around 1.1300 or buy around 1.1130 with a tight stop loss. I prefer to buy above 1.1300 or sell below 1.1130. My major technical outlook remains neutral.
