EURUSD Forecast

The EURUSD continued its bullish momentum on Friday broke above 1.3650 and hit 1.3715 earlier today in Asian session but corrected lower around 1.3670 at the time I wrote this comment. The bias is bullish in nearest term especially if price able to make another clear break above 1.3743 re-testing 1.3800 – 1.3860 key resistance area. On the downside, a move below 1.3650/30 support area could trigger further bearish pullback testing 1.3550.

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