EURUSD Forecast
The Eurusd had a strong bearish momentum last week, broke below the trend line support as you can see on my H1 chart below, bottomed at 1.1543. The bias is bearish in nearest term testing 1.1520 region. Immediate resistance is seen around 1.1620 area. A clear break above that area could lead price to neutral zone in nearest term testing 1.1660 region but as long as stay below 1.1725 I prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell.