EURUSD Forecast

The EURUSD was corrected higher yesterday, slipped above 1.3735 but still unable to make a clear break above that area so far. My short term bias turn bullish especially if price able to make a clear break above 1.3735 testing 1.3770 (hourly EMA 200) and 1.3825 but my major bearish outlook remains intact and any upside pullback now is normal. Immediate support is seen around 1.3650. A clear break back below that area could trigger further bearish pressure retesting 1.3595/85 strong intraday support area. We need a clear break below that area to resume the major bearish scenario, still testing 1.3500 – 1.3400 support area.

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