The EURUSD was indecisive yesterday. The bias is neutral in nearest term. Immediate support is seen around 1.3250. A clear break below that area could trigger further bearish pressure testing 1.3200 or lower. Immediate resistance is seen around 1.3325. A clear break above that area could trigger further bullish pressure testing 1.3350 – 1.3400. As long as stays below 1.3400 I still prefer a bearish scenario at this phase. On the downside, key support remains around 1.3100 which needs to be clearly broken to the downside to continue the bearish scenario.
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