EURUSD Daily Forecast: March 30

EURUSD Forecast
The EURUSD was indecisive yesterday. The bias remains bearish in nearest term. Price is now struggling around the lower/support line of the rising wedge formation located around 1.2280 as you can see on my H4 chart below which is a good place to buy with a tight stop loss below 1.2280. Immediate resistance is seen around 1.2335. A clear break above that area could lead price to neutral zone in nearest term testing 1.2385 area. On the downside, a clear break below 1.2280 would confirm the rising wedge bearish scenario testing 1.2175 key support area which is a good place to buy with a tight stop loss as a clear break below 1.2175 would invalidate my major bullish trend.