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EURUSD Daily Forecast: April 08

Tuesday, April 7, 2015 20:41
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(Before It's News)

EURUSD Forecast    
The EURUSD continued its bearish momentum yesterday bottomed at 1.0802 after the failure to break above the H4 EMA 200 and 1.1040 key resistance. The bias remains bearish in nearest term testing 1.0700 area. Immediate resistance is seen around 1.0870. A clear break above that area could lead price to neutral zone in nearest term testing 1.0900 – 1.0950 area.

eurusdh4



Source: http://www.fxinstructor.com/blog/eurusd-daily-forecast-april-08-3

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