EURUSD Forecast:

As you can see on my daily chart below, the bearish pressure seems to have a strong support around 1.3267/00 area which is a bottom at this phase. Although major technical bearish outlook remains intact as Euro fundamental situation remains fragile, this bottom could lead to a bullish momentum in nearest term testing 1.3500 area especially if price break above 1.3415 area today. We need a clear break below 1.3267/00 area to continue the bearish scenario testing 1.3100 region.

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