EURUSD Forecast
The EURUSD was corrected higher yesterday topped at 1.1212. The bias is bullish in nearest term especially if price able to make a clear break above 1.1210 (H4 EMA 200) testing 1.1300 area. I still prefer a bearish scenario at this phase and selling around 1.1210 with a tight stop loss remains a good idea with nearest target seen around 1.1050. Immediate support is seen around 1.1140. A clear break below that area could lead price to neutral zone in nearest term but would keep the bearish scenario remains strong testing 1.1050 region. Potential daily range today remains between 1.1050 – 1.1210.
