EURUSD Forecast
The EURUSD had a bearish momentum yesterday on broad US Dollar strength after the FOMC, broke below the bullish channel as you can see on my H4 chart below. The bias is bearish in nearest term testing 1.0800. Immediate resistance is seen around 1.1000. A clear break above that area could lead price to neutral zone in nearest term but overall I prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell.
