EURUSD Daily Forecast: June 06

EURUSD Forecast
The EURUSD was indecisive yesterday. There are no changes in my technical outlook. The bias remains neutral in nearest term. Price is still trapped inside the range area as you can see on my H1 chart below and we need a clear break from that range area to see clearer direction. Selling around 1.1725/50 remains a good and reasonable plan with a tight stop loss as a clear break and daily close above 1.1725/50 could trigger further bullish correction testing 1.1825 region. On the downside, a clear break and daily close below 1.1640 would reactivate my bearish mode retesting 1.1510/20 region.