EURUSD Forecast:

The EURUSD attempted to push lower yesterday, bottomed at 1.2552 but whipsawed to the upside, closed at 1.2637. The bias is bullish in nearest term targeting 1.2750 area before testing 1.2900 especially if price able to move consistently above 1.2670 today. Immediate support remains at 1.2550 and the minor trendline support area (red). Break below that area could trigger further bearish pressure testing 1.2465 but overall we are still in a strong bullish correction at this phase.

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