EURUSD Forecast    
The EURUSD was indecisive yesterday but overall still able to maintain its bullish bias and hit 1.1333 earlier today. The bias remains bullish in nearest term testing 1.1400 as a part of the bullish scenario after broke above the trend line resistance as you can see on my daily chart below. Immediate support is seen around 1.1270. A clear break below that area could lead price to neutral zone in nearest term testing 1.1200 region. On the upside, a clear break and daily close above 1.1400 would expose 1.1615 this week. My major technical outlook remains neutral.


FX Instructor Forex Blog – For Traders, By Traders

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.