EURUSD Forecast    
The EURUSD was corrected lower yesterday bottomed at 1.1075. The bias is bearish in nearest term. Overall I still prefer a bullish scenario, but we have a V top formation as you can see on my H1 chart below suggests a potential bearish pullback scenario especially if price able to move consistently below 1.1080 (neckline) targeting the H1 EMA 200 and 1.1020 support area. Immediate resistance is see around 1.1135. A clear break above that area could lead price to neutral zone in nearest term testing 1.1171/85 key resistance which need to be clearly broken to the upside to continue the bullish scenario targeting 1.1300 – 1.1350 region.


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