EURUSD Forecast

The EURUSD was volatile but indecisive yesterday, made a Doji on daily chart. Price attempted to push lower, bottomed at 1.3507, but closed higher at 1.3578 and hit 1.3614 earlier today in Asian session. We saw another buying activity around 1.3500 support area which keep us in range market between 1.3500 – 1.3800. On the upside, immediate resistance at 1.3625. Clear break above that area could trigger further bullish pressure testing 1.3669. Clear break above 1.3669 could open the door for further upside pressure re-testing 1.3800 key resistance area.

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