EURUSD Forecast
The EURUSD attempted to push higher yesterday topped at 1.1744 but whipsawed to the downside and closed lower at 1.1660. The bias is bearish in nearest term especially if price able to make a clear break below 1.1650 testing 1.1600 – 1.1550 area as a part of the H&S bearish scenario. Immediate resistance is seen around 1.1695. A clear break back above that area could lead price to neutral zone in nearest term as direction would become unclear testing 1.1750 area.

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