EURUSD Forecast:

The EURUSD attempted to push lower on Friday, bottomed at 1.3530 but whipsawed to the upside and closed higher at 1.3619 and keep moving higher around 1.3650 at the time I wrote this comment. Overall the pair is still in consolidation and bullish correction phase with technical corrective target around 1.3750 – 1.3850 area but still within the major bearish scenario as price still move inside the major bearish channel. Immediate support at 1.3600 followed by 1.3530. Break below 1.3530 area should trigger further bearish momentum re-testing key support 1.3450/35 (triple bottom).