EURUSD Forecast
The EURUSD continued its bullish momentum yesterday topped at 1.2509. The bias remains bullish in nearest term retesting 1.2537 key resistance. A clear break above that area would resume the major bullish trend testing 1.2600 – 1.2670 area or higher. Immediate support is seen around 1.2450. A clear break below that area could lead price to neutral zone in nearest term testing 1.2400 area but only a clear break back below 1.2330 would give the bearish correction scenario another chance testing 1.2175 and the trend line support area.

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