EURUSD Forecast
The EURUSD was indecisive yesterday. It’s been a choppy market this week ahead of FOMC statement on Thursday and US NFP number on Friday. The bias is neutral in nearest term. Overall I remain bullish but price is in a consolidation zone between 1.2330 – 1.2537 range area which need to be broken to see clearer direction. The bearish pin bar still suggests a potential bearish correction, but need a clear break below 1.2330 to confirm the bearish scenario. On the upside, only a clear break above 1.2537 would invalidate the bearish pin bar scenario and resume the major bullish trend.



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