EURUSD Forecast    
The EURUSD had a moderate bearish momentum yesterday bottomed at 1.1052. The bias is neutral in nearest term. Overall I remain bearish but need a clear break at least below 1.0000 to keep the bearish bias remain strong targeting 1.0700 region. On the upside, 1.1200 remains a key resistance. A clear break and daily/weekly close above that area would activate my wait and see mode as direction would become unclear testing 1.1300 – 1.1400 region next week.

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