EURUSD Daily Forecast: March 22

EURUSD Forecast
The EURUSD had a bullish momentum yesterday topped at 1.2349 and hit 1.2368 earlier today in Asian session. Price slipped above the trend line resistance following a break above the H1 EMA 200 as you can see on my H1 chart below suggests a potential bullish outlook. The bias is bullish in nearest term testing 1.2445 region. Immediate support is seen around 1.2310 area. A clear break back below that area could lead price to neutral zone in nearest term but would keep the H1 chart bearish bias alive and kicking retesting 1.2250 but key resistance remains at the major trend line support and 1.2175 area. On the upside, a clear break above 1.2445 would retest 1.2537 key resistance.