EURUSD Forecast
The EURUSD continued its bullish momentum yesterday topped at 1.1622 but traded lower earlier today in Asian session hit 1.1549. The bias is neutral in nearest term probably with a little bearish bias testing 1.1500 support area. Overall price is still in a bullish correction phase but 1.1570 – 1.1630 region remains a good place to sell with a tight stop loss above 1.1630. On the downside, we need a clear break at least below 1.1500 to potential end the current bullish correction phase and keep the major bearish trend alive and kicking.

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