EURUSD Forecast
The EURUSD had another indecisive movement last week. Price attempted to push lower bottomed at 1.1613 but whipsawed to the upside and closed higher at 1.1685. The bias is neutral in nearest term. Immediate resistance is seen around 1.1695. A clear break above that area could trigger further bullish pressure testing 1.1750 or higher. Immediate support is seen around 1.1650. A clear break below that area would keep the bearish phase (triggered by H&S formation) strong testing 1.1600 region.

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