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EURUSD Daily Forecast: August 24
Friday, August 24, 2012 5:31
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EURUSD Forecast
The EURUSD didn’t make significant movement yesterday but overall still able to maintain its bullish intraday bias. The bias remains bullish in nearest term testing 1.2625 – 1.2700 as the nearest bullish correction target. Immediate support remains around 1.2485. A clear break below that area could lead price to neutral zone in nearest term testing 1.2400 region but as long as stays inside the bullish channel my overall intraday bias remains to the upside and only a clear break below the bullish channel could end the current bullish correction phase.
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2012-08-24 05:21:08
Source: http://www.fxinstructor.com/blog/eurusd-daily-forecast-august-24-3
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