EURUSD Daily Forecast: August 22

EURUSD Forecast
The EURUSD had a bullish momentum last week topped at 1.1366. As you can see on my daily chart below, price broke above the trend line resistance suggests a bullish outlook. Price traded a little bit lower earlier today in Asian session hit 1.1271. The bias is bullish in nearest term testing 1.1400. Immediate support is seen around 1.1250. A clear break below that area could lead price to neutral zone in nearest term testing 1.1200 or lower. On the upside, a clear break and daily close above 1.1400 would expose 1.1615 this week. My major technical outlook remains neutral.