EURUSD Forecast
The EURUSD was indecisive last week. As you can see on my H4 chart below price has been moving inside a triangle formation suggests a consolidation, non-trending market. The bias is neutral in nearest term. Potential daily range today is seen between 1.1115 – 1.1250. I prefer to stand aside for now. The lower line of the bullish channel located around 1.0950 – 1.1000 seems to be a good place to buy with a tight stop loss as a clear break below that area would bring back the major bearish scenario and reactivate my bearish mode.
