EUR/USD Daily Forecast: July 14
EUR/USD Technical Analysis
The EUR/USD was indecisive last week. The bias is neutral in nearest term. Price is moving inside a bearish channel after violated a bullish channel as you can see on my hourly chart below, suggests a potential bearish scenario especially if price able to make a clear break below 1.3580 testing 1.3500 region. On the upside, a clear break above 1.3650 could trigger further bullish pressure testing 1.3700 or higher.
Source: fxopen
