EURUSD Forecast:

The EURUSD had a bearish momentum yesterday after violation of the minor bullish channel, bottomed at 1.3355 and closed at 1.3396. Overall my technical outlook remains bearish for this pair but the bias is neutral in nearest term. We need a consistent move below 1.3350 to continue the bearish scenario testing 1.3267 before aim for 1.3100. On the upside, I will pay attention to the key resistance at 1.3450. Break above that area should trigger further bullish momentum towards 1.3530 region and surely diminish the bearish outlook.

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