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EURUSD Daily Forecast: March 02
Sunday, March 1, 2015 21:49
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EURUSD Forecast
The EURUSD had a bearish momentum last week, broke below the range area as you can see on my hourly chart below and hit 1.1158 earlier today. The bias is bearish in nearest term testing 1.1100. Immediate resistance is seen around 1.1215. A clear break above that area could lead price to neutral zone in nearest term testing 1.1270 but overall I still prefer a bearish scenario at this phase with sell on rallies strategy.
Source: http://www.fxinstructor.com/blog/eurusd-daily-forecast-march-02-3
