EURUSD Forecast

The EURUSD attempted to push lower yesterday but found a good support around the trend line support (see my h4 chart below) and 1.3075 area and hit 1.3198 earlier today. This fact keeps the bullish intraday scenario remains strong, still testing 1.3250/75. Immediate support is seen around 1.3140/50. A clear break below that area could lead price to neutral zone in nearest term retesting 1.3075.  A clear break and daily close back below 1.3075 and the trend line support will activate my wait and see mode as a short term bearish reversal scenario might be produced. On the upside, a clear break and daily close above 1.3250/75 could trigger further bullish scenario testing 1.3375 even 1.3530 region.

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