The EURUSD was indecisive yesterday. Price attempted to push higher but still unable to move consistently above 1.3000 so far. The bias is neutral in nearest term. Immediate support is seen around 1.2940/50. A clear break below that area could trigger further bearish pressure testing 1.2900 – 1.2885. On the upside, a clear break and daily/weekly close above 1.3000 could trigger further bullish pressure testing 1.3100 – 1.3170. My medium/long term outlook remains unclear/neutral.
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