EURUSD Forecast:

The EURUSD had a significant bearish momentum yesterday, break below 1.3267 area, bottomed at 1.3165 and closed at 1.3176, confirm my technical bearish continuation scenario targeting 1.3100 area and end the bullish correction at this phase. Immediate resistance at 1.3267 (former support). Another pullback above that area should lead us into no trading zone testing 1.3300/30 region but the main scenario remains bearish. On the downside, break below 1.3100 should trigger further bearish momentum testing 1.2880 region.

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