The EURUSD was indecisive last week. Price attempted to push lower bottomed at 1.3205 but closed higher at 1.3327. The bias is neutral in nearest term. As long as stays above 1.3200 price is still in a bullish phase but need a clear break above 1.3400 key resistance area to continue the bullish scenario. Immediate support is seen around 1.3300. A clear break below that area could trigger further bearish pressure testing 1.3250 – 1.3200. On the upside, a clear break above 1.3400 could trigger further bullish pressure testing 1.3450 – 1.3520 area.
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