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EURUSD Daily Forecast: March 27
Thursday, March 26, 2015 21:25
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EURUSD Forecast
The EURUSD attempted to push higher yesterday topped at 1.1051 but whipsawed to the downside and closed at 1.0882. As you can see on my h4 chart below, the h4 EMA 200 still provides a good resistance. The bias is bearish in nearest term testing 1.0800 – 1.0750. Immediate resistance is seen around 1.0925. A clear break above that area could lead price to neutral zone in nearest term testing 1.1000 but key resistance remains around the h4 EMA 200 and 1.1040 region.
Source: http://www.fxinstructor.com/blog/eurusd-daily-forecast-march-27-4
