EURUSD Forecast 
The EURUSD continued its bearish momentum yesterday bottomed at 1.1569 but closed a little bit higher at 1.1603. The bias remains bearish in nearest term testing 1.1530. Immediate resistance is seen around 1.1650. A clear break above that area could lead price to neutral zone in nearest term but as long as stay below 1.1725 I still prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell. On the downside, a clear break and daily close below 1.1530 would expose 1.1430 before retesting 1.1300 area.


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