EURUSD Forecast    
The EURUSD attempted to push lower yesterday bottomed at 1.1109 but whipsawed to the upside and closed higher at 1.1184. The bias is neutral in nearest term probably with a little bullish bias testing a trend line resistance and 1.1215 area as you can see on my H1 chart below. A clear break above that area could trigger further bullish pressure testing 1.1265 key resistance. Immediate support is seen around 1.1160. A clear break below that area could trigger further bearish pressure testing 1.1110 – 1.1080 support area which is a good place to buy with a tight stop loss. Overall I remain bullish and only a clear break back below 1.1080 would interrupt the bullish outlook.

eurusdhourly

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