EURUSD Forecast    
The EURUSD had a moderate bearish momentum last week and hit 1.0600 earlier today. The bias is bearish in nearest term testing 1.0500. Immediate resistance is seen around 1.0680. A clear break above that area could lead price to neutral zone in nearest term testing the trend line resistance and 1.0750 region but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell targeting 1.0500 with a tight stop loss above the trend line resistance as you can see on my H1 chart below.


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.