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EURUSD Daily Forecast: April 02

Wednesday, April 1, 2015 20:33
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(Before It's News)

EURUSD Forecast    
The EURUSD was indecisive yesterday. The bias is neutral in nearest term. Potential daily range is seen between 1.0815 – 1.0700. A clear break and daily close above 1.0815 could trigger further bullish pressure testing 1.0850 – 1.0900. On the other hand, a clear break and daily close below 1.0700 could trigger further bearish pressure testing 1.0650 – 1.0600. As long as stays below the H4 EMA 200 I still prefer a bearish scenario at this phase. All eyes will be on the US NFP tomorrow.

eurusdh4



Source: http://www.fxinstructor.com/blog/eurusd-daily-forecast-april-02-4

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