The EURUSD was corrected lower yesterday and hit 1.3732 earlier today. The bias is bearish in nearest term testing 1.3700 – 1.3650. The major bullish outlook remains valid and the current bearish pullback should be seen as a normal corrective movement. Immediate resistance is seen around 1.3755. A clear break above that area could lead price to neutral zone in nearest term testing 1.3800 which need to be clearly broken to the upside to potentially end the current bearish correction and continue the bullish scenario testing 1.3850 – 1.3935 or higher.
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