EURUSD Forecast    
The EURUSD was indecisive yesterday. The bias is neutral in nearest term. My major technical outlook remains neutral but my overall intraday outlook remains bullish after the breakout above the triangle as you can see on my H4 chart below targeting 1.1450/70 but need a clear break at least back above 1.1380 to keep the bullish scenario remains strong. Immediate support is seen around 1.1330. A clear break below that area could trigger further bearish pressure but only a clear break back below 1.1250 would be a serious threat to the bullish intraday outlook.


FX Instructor Forex Blog – For Traders, By Traders

Leave a Reply