EURUSD Forecast    
The EURUSD had a significant bullish momentum yesterday, broke above the range area as you can see on my H1 chart below, topped at 1.0987. The bias is bullish in nearest term testing 1.1000 – 1.1050 area. Immediate support is seen around 1.0950/35. A clear break back below that area could lead price to neutral zone in nearest term as direction would become unclear testing 1.0875/50 support area. Fundamental focus today will be on the US NFP number. The second round of French election will be held on Sunday (May 07) which could create another gap on Monday.


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