EURUSD Forecast:

The EURUSD didn’t make significant movement yesterday, move in range area of 1.3115 – 1.3265 in a volatile market. The bias is neutral in nearest term but the main scenario should remain to the downside. Immediate resistance at 1.3267 area. Break above that area could trigger further bullish momentum testing 1.1.3300/30 region. Initial support at 1.3150. Break below that area should maintain the intra-day bearish bias testing 1.3100 – 1.3080 area.

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