First National Innovation Brokers the daily forecast EURUSD August 8th

EURUSD

The EURUSD continued its bullish momentum yesterday and hit 1.3352 earlier today. The bias remains bullish in nearest term. As you can see on my daily chart below price slipped above the trend line resistance suggests potential further bullish scenario with nearest target seen around 1.3400. Immediate support is seen around 1.3325. A clear break below that area could lead price to neutral zone in nearest term but any downside pullback now is normal and only a clear break below 1.3150 could be a threat to the current bullish outlook