EURUSD Forecast

The EURUSD attempted to push higher yesterday, topped at 1.3183 but further bullish momentum was rejected, closed lower at 1.3087. The bias is neutral in nearest term but overall as long as stays above 1.2930 – 1.3000, price is still in a bullish phase with nearest bullish target seen around 1.3250 especially if price able to make another clear break above 1.3183/96 as a part of the bullish scenario since the break above the trend line resistance as you can see on my h4 chart below. Immediate support is seen around 1.3050.

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