EURUSD Forecast    
The EURUSD had a significant bullish momentum yesterday broke above 1.1500 key resistance and hit 1.1569 earlier today in Asian session. The bias is bullish in nearest term testing 1.1580 – 1.1625 major resistance. A clear break and daily close above that area would invalidate the major bearish trend targeting 1.1800 area. Immediate support is seen around 1.1500. A clear break and daily close below that area would create a false breakout scenario and keep the major bearish trend alive and kicking.


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