EURUSD Forecast    
The EURUSD had a bearish momentum yesterday bottomed at 1.1401 and hit 1.1396 earlier today in Asian session. The bias remains bearish in nearest term testing 1.1350 area.  Immediate resistance is seen around 1.1435. A clear  break above that area could lead price to neutral zone in nearest term but as long as stay below 1.1500 – 1.1570 key resistance I still prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell. On the downside, a clear break and daily close below 1.1350 would expose 1.1270 – 1.1215 key support area.


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