EURUSD Forecast
The Eurusd had a bearish momentum last week bottomed at 1.2204. The bias is bearish in nearest term testing 1.2175 support area. Immediate resistance is seen around 1.2330. A clear break above that area could lead price to neutral zone in nearest term testing 1.2400 area but key resistance is seen around 1.2537. On the downside, a clear break below 1.2175 would expose the trend line support region. As long as stay above the trend line support my Major Bullish outlook remains valid but need a clear break above 1.2537 to resume the major bullish trend.