EURUSD Forecast

The EURUSD attempted to push lower yesterday but again, the previous broken resistance 1.4647 area became a good support before a strong bullish momentum which brought Euro hit 1.4881 earlier today in Asian session. The bias remains bullish in nearest term testing 1.4900 – 1.5000 this week. Immediate support at 1.4790. A clear break below that area would lead us to neutral zone in nearest term but overall the major scenario remains strongly bullish.

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