EURUSD has been correcting 1.11 to 1.12 area for a few days now but showing nothing but slow downward momentum along the way. The price is expected to push up higher only if the price manages to break above 1.1182 level with a daily close above it. Though according to RSI and MACD (Customized) we are expecting lower volumes downside and certain up move in the process but we must also admit the trend is bearish. So, we need to tick all the checkboxes before we get into this trade after a bullish break above 1.1182 area in the coming days.

