EURUSD Daily Forecast: February 01

EURUSD Forecast    

The EURUSD continued its bullish momentum yesterday and hit 1.3674 earlier today. The bias remains bullish in nearest term testing 1.3700 – 1.3750. Immediate support is seen around 1.3600 – 1.3585. A clear break below that area could lead price to neutral zone in nearest term but any downside pullback now should be seen as a normal correction and as long as stays inside the bullish channel I still prefer a bullish scenario.