EURUSD Daily Forecast: January 03

EURUSD Forecast
The EURUSD continued its bullish momentum yesterday topped at 1.2081. The bias remains bullish in nearest term testing 1.2090 key resistance as a part of a bullish scenario after broke above the trend line resistance as you can see on my daily chart below. A clear break and daily close above 1.2090 would expose 1.2175 – 1.2220 region. Immediate support is seen around 1.2025. A clear break below that area could lead price to neutral zone in nearest term testing 1.1960/20 region but overall I remain bullish and any downside pullback should be seen as a good opportunity to buy.