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EURUSD Daily Forecast: May 02
Thursday, May 2, 2013 0:33
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EURUSD Forecast
The EURUSD attempted to push higher yesterday topped at 1.3241 but whipsawed to the downside and closed at 1.3178. As you can see on my hourly chart below price is moving inside a bullish channel suggests a bullish phase but the bias is neutral in nearest term probably with a little bearish bias testing the lower line of the bullish channel and 1.3145 – 1.3115 support area. On the upside, we need a consistent movement above 1.3200/50 to continue the bullish phase testing 1.3320 area.
2013-05-02 00:31:31
Source: http://www.fxinstructor.com/blog/eurusd-daily-forecast-may-02-3
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