EURUSD Forecast    
The EURUSD was indecisive yesterday but overall still able to maintain its bearish bias since the US election, still making lower highs and lows on daily chart. The bias remains bearish in nearest term testing 1.0650. A clear break and daily close below that area would expose 1.0550 region. Immediate resistance is seen around 1.0750. A clear break above that area could lead price to neutral zone in nearest term testing 1.0800/50 region. Overall I remain neutral.

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.