The EURUSD had a moderate bullish momentum yesterday. The pair attempted to push higher, topped at 1.4672 but further upside momentum was limited as the pair closed a little bit lower at 1.4636. On h4 chart below we can see that the bearish channel has been violated to the upside and the upper line of the bearish channel now become a good support preventing further bearish pressure. Therefore, although the bullish momentum also limited now, I think the bullish scenario continuation has made a good start here after some bearish correction. The bias is bullish in nearest term targeting 1.4720. Break above that area should trigger further bullish momentum re-testing 1.4850. Immediate support at 1.4575. Break below that area should lead us into no trading zone as direction would become unclear.