EURUSD Forecast

The EURUSD had a moderate bullish momentum yesterday. Overall price still maintain its bullish bias by stay above the triangle, although there seems to be a little bit hesitation for the bullish run. As long as price stays above 1.4500 my intraday technical bias remains more to the upside, still targeting June’ high at 1.4695. Immediate support remains around 1.4400 – 1.4350. Another movement back below that area would cancel the bullish outlook even create a bearish view which may force me to change the current triangle approach.

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