EURUSD Forecast:

The EURUSD continued its bearish momentum on Friday, bottomed at 1.3862 and closed at 1.3863. This fact should keep the bearish scenario intact testing 1.3750 key support area. Break below that area should trigger further weakness for the Euro targeting 1.3490 this week. However CCI just cross the -100 line up on h1 chart suggesting potential minor upside correction testing 1.3925/50 area. Break above that area should trigger further bullish correction towards 1.4000/30 area. As long as price stay below 1.4000/30 area I still prefer a bearish scenario.