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EURUSD Daily Forecast: November 10
Monday, November 9, 2015 19:58
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EURUSD Forecast
The EURUSD was indecisive yesterday. The bias is neutral in nearest term. As you can see on my H1 chart below we have a bearish flag formation which suggests a potential bearish continuation scenario especially if price able to make a clear break below the flag and 1.0725 support testing 1.0650 region. On the other hand, a clear break above the flag and 1.0800 resistance area could trigger further bullish pullback testing 1.0900 but overall I still prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell.
Source: http://www.fxinstructor.com/blog/eurusd-daily-forecast-november-10-4
Yeah to be fair the trend is pretty uncertain, so that’s why we need to be sure about things before working. I am trading with OctaFX broker where I get plenty of benefit especially with their great setup with low spread of 0.2 pips for all major pairs and have excellent system on their web site that allows me to watch top traders, so following that keeps me in good shape to work and allows me to be successful without any difficulty.