The Eurusd was indecisive yesterday but overall still able to maintain its Bearish bias so far. The bias remains bearish in nearest term testing 1.1000. Immediate resistance is seen around 1.1120. A clear break above that area could lead price to neutral zone in nearest term testing 1.1160 – 1.1200 but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell. On the downside, a clear break and daily close below 1.1000 could trigger further bearish pressure testing 1.0910.
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