EURUSD Forecast    
The EURUSD didn’t make significant movement yesterday. The bias remains bearish in nearest term testing the lower line of the bullish channel (see my daily chart below)and 1.1100 – 1.1050 area which is a good place to buy with a tight stop loss. Immediate resistance remains around 1.1180. A clear break above that area could lead price to neutral zone in nearest term testing 1.1225 – 1.1275 region.

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William K. Gilday is a professional Forex expert working full time for FX Instructor educational portal. William is a Forex Trader from 2006 when he started trading part-time. In 2008 he retired from a fantastic 27 year career in Fire Rescue and moved to Thailand, where he fully dedicated himself to trading. He is an analyst at FXinstructor.com

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