EURUSD Daily Forecast: December 06
The EURUSD didn’t make significant movement yesterday. There are no changes in my technical outlook. The bias remains bearish in nearest term as a part of the bearish pin bar scenario testing 1.1270 region. A clear break and daily close below that area would retest 1.1215 key support area (tweezer bottom). On the upside, we need a clear break above 1.1418 to invalidate the bearish pin bar scenario testing 1.1500 key resistance area.