EURUSD Forecast:

The EURUSD had a bullish momentum yesterday, topped at 1.4405 and closed at 1.4347. On h1 chart below we can see that the lower line of the bullish channel has provided us with a good support prevented further bearish pressure suggesting that bullish scenario remains intact. The bias is bullish in nearest term targeting 1.4446 area. CCI in overbought area and heading down on h1 chart so watch out for potential downside pullback testing 1.4290 support area. Break below that area could lead us into no trading zone.