The EURUSD had a bullish momentum yesterday, topped at 1.5116 and closed at 1.5074. On h4 chart below we can see that my bearish channel has been violated to the upside indicating potential further bullish momentum at least testing 1.5140/50 area before aim for 1.5300. Immediate support at 1.5062 area. Break below that area should lead us into no trading zone in nearest term testing 1.4950 area but the overall sentiment remains negative for the Greenback. Stocks market seems to recover nicely from Dubai World panic reaction last week while gold keep making new all time highs pressing the Dollar down.
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