EURUSD Forecast    
The EURUSD had a bullish momentum yesterday topped at 1.1130. The bias is bullish in nearest term testing 1.1200 which is a good place to sell with a tight stop loss targeting 1.0700. Immediate support is seen around 1.1070. A clear break below that area could lead price to neutral zone in nearest term testing 1.1000. On the upside, a clear break and daily close back above 1.1200 would activate my wait and see mode as direction would become unclear.

eurusddaily

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.