FX:EURUSD   Euro / U.S. Dollar
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The EURUSD had a bearish momentum yesterday bottomed at 1.1715 but closed a little bit higher at 1.1752. The bias is bearish in nearest term testing the minor trend line support as you can see on my daily chart below which is a good place to buy with a tight stop loss below 1.1650 support area . Immediate resistance is seen around 1.1785. A clear break above that area could trigger further bullish pressure testing 1.1820/50 area. Overall I remain bullish and price is still moving above the daily EMA 200, but a clear break below 1.1650 key support would activate my neutral mode as price enters a corrective zone.


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