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EURUSD Daily Forecast: April 13
Sunday, April 12, 2015 19:03
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EURUSD Forecast
The EURUSD had a bearish momentum last week bottomed at 1.0566 but traded higher earlier today hit 1.0617. The bias is bearish in nearest term testing 1.0550 – 1.0500 before testing 1.0460 area. Immediate resistance is seen around 1.0635. A clear break above that area could lead price to neutral zone in nearest term testing 1.0700 but overall I still prefer a bearish scenario at this phase.
Source: http://www.fxinstructor.com/blog/eurusd-daily-forecast-april-13-4
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