The Eurusd attempted to push higher yesterday topped at 1.0640 but closed lower at 1.0581. As you can see on my H4 chart below price is moving back inside the bearish channel, keeps the bearish phase intact. The bias is neutral in nearest term probably with a little bearish bias testing 1.0500 support area. On the upside, 1.0630/50 region remains a key resistance and good place to sell with a tight stop loss as a clear break and daily close above that area could trigger further bullish pressure testing 1.0700 – 1.0750 region. Overall I remain neutral.
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