EURUSD Forecast
The EURUSD had another indecisive movement yesterday. Price attempted to push lower, bottomed at 1.1575 but whipsawed to the upside a closed higher at 1.1641. The bias is neutral in nearest term probably with a little bullish bias. Price slipped above the trend line resistance and EMA 200 as you can see on my H1 chart below but still unable to stay consistently above those two resistances. Immediate resistance is seen around 1.1678. A clear break above that area would expose 1.1725/50 region. Immediate support is seen around 1.1600 – 1.1575. A clear break and daily close below that area would keep the bearish phase strong testing 1.1510/00 key support area.

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