EURUSD Forecast
The EURUSD had another indecisive and disappointing movement yesterday. The Greenback was lower against most currencies after the FOMC meeting but we didn’t see significant breakout. Potential daily range today remains between 1.1130 – 1.1300. We need a clear break from that range area to see clearer direction. I am starting to like a bullish scenario but wait for a clear break above 1.1300 to activate my bullish mode testing 1.1400 – 1.1450 or higher next week. My major technical outlook remains neutral.
