EUR/USD: neutral - bullish - Scotiabank

Analysts at Scotiabank are neutral—bullish for EUR/USD in the short term.

Key quotes:

"Momentum indicators are softening and DMI’s are suggestive of a shift in the balance of risk. We await a break of the one week range bound between the mid-1.21s and 1.2320. Near-term support is expected between 1.2220 and 1.2200 with resistance above 1.2280."