EURUSD Forecast    
The EURUSD was indecisive last week formed a Doji on weekly chart. The bias is neutral in nearest term. Immediate support is seen around 1.1270. A clear break below that area could trigger further bearish pressure testing 1.1200 – 1.1150 key support area. Immediate resistance is seen around 1.1350. A clear break above that area could trigger further bullish pressure testing 1.1400 region. My major technical outlook remains neutral. As you can see on my H1 chart below, the H1 EMA 200 still provides a good support. Buying around 1.1270 with a tight stop loss seems to be a good idea for now. Potential daily range is seen between 1.1270 – 1.1400.

eurusdhourly

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