EURUSD Forecast

The EURUSD was corrected lower yesterday, but found a good support at the upper line of the previous range area around 1.4250 as you can see on my h4 chart below and continue its bullish run earlier today in Asian session hit 1.4403. This fact gives us further validation to the bullish continuation scenario at least targeting 1.4450 – 1.4500. Immediate support at 1.4350. A clear break below that area would lead us to neutral zone in nearest term but only another consistent move below 1.4250 would halt the current strong bullish technical outlook.

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