The EURUSD was corrected lower yesterday, bottomed at 1.3028. The bias is neutral in nearest term. We have a double top formation around 1.3170 suggests potential bearish pullback testing 1.2970 – 1.2930 support area but as long as stays inside the bullish channel my overall technical outlook remains bullish. Immediate resistance is seen around 1.3090. A clear break above that area would keep the bullish bias remains strong testing 1.3170 key resistance.
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