EURUSD Daily Forecast: March 27

EURUSD Forecast
The EURUSD had a bullish momentum yesterday, broke above 1.2385 resistance area as you can see on my H4 chart below, topped at 1.2462. The bias is bullish in nearest term retesting 1.2537 key resistance which need to be clearly broken to the upside to resume the major bullish scenario. Immediate support is seen around 1.2385. A clear break back below that area could lead price to neutral zone in nearest term testing 1.2350 or lower. On the upside, a clear break and daily close above 1.2537 would expose 1.2600/25 region. Overall I remain bullish.