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EURUSD Daily Forecast: March 13

Thursday, March 12, 2015 19:57
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(Before It's News)

EURUSD Forecast    
The EURUSD was corrected higher yesterday topped at 1.0682 but traded lower earlier today hit 1.0606. The bias is neutral in nearest term but overall I remain bearish. Immediate support is seen around 1.0590. A clear break below that area could trigger further bearish pressure testing 1.0500 area. Immediate resistance is seen around 1.0700. A clear break above that area could trigger further bullish correction testing 1.0750 – 1.0800 area.

eurusdhourly



Source: http://www.fxinstructor.com/blog/eurusd-daily-forecast-march-13-4

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