EURUSD Forecast    
The EURUSD bullish momentum stalled just below 1.1500 key resistance yesterday. The bias is neutral in nearest term. Key resistance remains at 1.1500 which remains a good place to sell with a tight stop loss as a clear break and daily close above that area would expose 1.1585 – 1.1625 major resistance. Immediate support is seen  around 1.1422 (yesterday’s low) followed by 1.1395. Overall price is still trapped between 1.1500 – 1.1215 range area and we need a clear break from that range area to see clearer direction.

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