EURUSD Forecast:

The EURUSD didn’t make significant movement on Friday. The bias is neutral in nearest term but we are still in bullish correction phase especially if  price able to move consistently above 1.2450 area targeting 1.2520 before testing 1.2645 region. Immediate support at 1.2350 and the lower line of the minor bullish channel (red channel). Break below that area could diminish the bullish momentum, lead us into no trading zone but overall the bullish correction scenario remains intact as long as price move inside the major bullish channel (blue channel).

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