EURUSD Daily Forecast: May 30

EURUSD Forecast
The EURUSD continued its bearish momentum yesterday as I had expected, bottomed at 1.1510. The bias remains bearish in nearest term testing June 2017 high at 1.1445. Immediate resistance is seen around 1.1600 – 1.1630 region. A clear break above that area could lead price to neutral zone in nearest term but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell. On the downside, a clear break and daily close below 1.1445 could easily target 1.1300 region this week.