EURUSD Daily Forecast: December 29

EURUSD Forecast
As expected, the EURUSD continued its bullish momentum yesterday topped at 1.1959. Price broke above the trend line resistance as you can see on my daily chart below suggests a bullish view. The bias remains bullish in nearest term testing 1.2000 region. Immediate support is seen around 1.1920. A clear break below that area could lead price to neutral zone in nearest term testing 1.1880/50 support area. On the upside, a clear break and daily/weekly close above 1.2000 would expose 1.2090 resistance area next week. I am bullish on this pair.