EURUSD Forecast
The EURUSD was indecisive last week, but overall still able to maintain its bearish phase since fell from 1.1733 and broke below the trend line support as you can see on my H4 chart below. The bias is bearish in nearest term testing 1.1530 key support area. A clear break and daily close below that area would resume the bearish phase testing 1.1485/30 region. Immediate resistance is seen around 1.1585. A clear break above that area could lead price to neutral zone in nearest term but as long as stay below 1.1733 I still prefer a bearish scenario at this phase. My major technical outlook remains neutral.

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