EURUSD Forecast
The EURUSD was indecisive yesterday. The bias remains neutral in nearest term probably with a little bullish bias testing 1.1250 resistance area. From a daily chart perspective as you can see on my daily chart below price is still moving inside a bullish (corrective) channel but the false breakout above the EMA 200 still suggests a bearish short/medium term outlook testing the lower line of the bullish channel especially if price able to make a clear break below 1.1100 support area. Potential daily range today remains between 1.1100 – 1.1250.
