The EURUSD continued its bullish momentum yesterday topped at 1.3280. The bias is bullish in nearest term testing 1.3340/50. Immediate support is seen around 1.3250. A clear break below that area could lead price to neutral zone in nearest term testing 1.3200 or lower. As long as stays below 1.3400 I still prefer a bearish scenario at this phase but we have a strong support at the daily EMA 200 as you can see on my daily chart below located around 1.3100 which need to be clearly broken to the downside to continue the bearish scenario testing 1.3000 or lower. On the upside, a clear break above 1.3400/50 would activate my bullish mode testing 1.3500/20 area.
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