The EURUSD had a bullish momentum yesterday, topped at 1.2828 but whipsawed to the downside earlier today hit 1.2735. The bias is bearish in nearest term testing 1.2700 or lower. Immediate resistance is seen around 1.2785. A clear break above that area could lead price to neutral zone in nearest term but as long as stays below 1.2850/85 I still prefer a bearish scenario targeting 1.2500.
Most Popular Slideshows
- Australia Bids Adieu to Adam Spencer's Mornings on ABC's "702 Breakfast" Show [PHOTOS]
- Top 10 Hottest Celebrities with Shocking Weight Loss (And Find Out Their Secrets!) [PHOTOS]
- Mars Curiosity Rover Photos: UFO Hunter Spots Strange 'Ruins,' 'Missile' [PHOTOS, VIDEO]
- Miranda Kerr Exposes Breasts to Crew, Wardrobe Malfunction 'Deliberate Accident?' [PHOTOS]