EURUSD Forecast
The EURUSD had a bullish momentum yesterday topped at 1.1640 and hit 1.1659 earlier today after bounced-off 1.1530 support area but traded a little bit lower around 1.1623 at the time I wrote this comment. The bias is bullish in nearest term especially if price able to stay consistently above 1.1650 but as long as stay below 1.1733 I still prefer a bearish scenario at this phase. Immediate support is seen around 1.1570. A clear break below that area could lead price to neutral zone in nearest term testing 1.1530 support area which need to be clearly broken to the downside to resume the bearish scenario after broke below the trend line support. My major technical outlook remains neutral.

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