EURUSD Forecast
The EURUSD had another indecisive movement yesterday. The market remains in a consolidation mode ahead of US NFP on Friday. Overall I remain bullish but as long as stay below 1.2537 the bearish pin bar scenario should remain valid. Immediate support is seen around 1.2380. A clear break below that area could trigger further bearish pressure testing 1.2330 support area which need to be clearly broken to the downside to confirm the bearish pin bar scenario testing 1.2175 area. Immediate resistance is seen around 1.2475. A clear break above that area would retest 1.2537 key resistance which need to be clearly broken to the upside to invalidate the bearish pin bar scenario and resume the major bullish trend.



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