EURUSD Forecast    
The EURUSD was indecisive yesterday. There are no changes in my technical outlook. The bias remains neutral in nearest term. Price has been moving inside a 100 pip range of 1.0950 – 1.0850 since last week. We need a clear break from that range area to see clearer direction. A clear break and daily close above 1.0950 would continue the recent bullish bias testing 1.1000 – 1.1050 area. On the downside, a clear break and daily close back below 1.0850 would expose the pre-gap level at 1.0730. There is no high impact fundamental release today so it is likely that price will remain inside the range area. Overall I remain neutral.


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