EURUSD Forecast    
The EURUSD had a bearish momentum last week fell below 1.1200. The bias is bearish in nearest term testing 1.1125. A clear break and daily close below that area would expose 1.1050 region. Immediate resistance is seen around 1.1200. A clear break back above that area could lead price to neutral zone in nearest term as direction would become unclear testing 1.1250/75 region but key resistance remains around 1.1350. My major technical outlook remains neutral.

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