EURUSD Forecast    
The EURUSD had a bullish momentum yesterday topped at 1.1293 and hit 1.1320 earlier today in Asian session. We have a tweezer bottom formation as you can see on my daily chart below suggests a potential bullish correction scenario. The bias is bullish in nearest term testing 1.1370. A clear break and daily close above that area could trigger further bullish pullback testing 1.1450 – 1.1500 key resistance area. Immediate support is seen around 1.1250. A clear break below that area could lead price to neutral zone in nearest term but key support is seen at 1.1215 which need to be clearly broken to the downside to invalidate the tweezer bottom scenario and resume the major bearish trend testing 1.1100 – 1.1000 region.


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