EURUSD Forecast

The EURUSD continued its bullish momentum yesterday, topped at 1.4695 but still struggling around 1.4650 earlier today in Asian session. The bias is neutral in nearest term but overall still within a strong bullish outlook. Immediate support at 1.4600. A clear break below that area could trigger further bearish pullback testing 1.4550 – 1.4500 but I still prefer to buy on dips at this phase with potential weekly target at 1.4750 and 1.4939. CCI is in negative zone in hourly chart so watch out for potential minor bearish corrections.

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