EURUSD Daily Forecast: December 03

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By swibowo | December 3, 2013 7:49 PM EST

Fx Instructor

EURUSD Forecast    

The EURUSD failed to continue its bullish momentum yesterday bottomed at 1.3525. The bias is neutral in nearest term probably with a little bearish bias testing 1.3500 – 1.3470. Immediate resistance is seen around 1.3560. A clear break above that area could trigger further bullish pressure testing 1.3600, which need to be clearly broken to the upside to continue the bullish phase testing 1.3750 – 1.3850.

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