EURUSD Forecast    
The EURUSD had a bearish momentum yesterday bottomed at 1.1062 and hit 1.1048 earlier today. The bias is bearish in nearest term testing 1.1000 – 1.0970 region. Immediate resistance is seen around 1.1100. A clear break above that area could lead price to neutral zone in nearest term but as long as stay below 1.1200 I still prefer a bearish scenario at this phase targeting 1.0700.


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