EURUSD Forecast

The EURUSD had another indecisive movement yesterday. The bias is neutral in nearest term. Overall price is still in a bullish intraday phase since bounced from 1.3000 but need a clear break and daily close above 1.3290 resistance area to continue the bullish scenario testing 1.3400 area. Immediate support is seen around 1.3170. A clear break below that area could trigger further bearish pressure testing 1.3130. A clear break and daily close below 1.3130 would keep the double top bearish scenario remains intact retesting 1.3000.

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