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EURUSD Daily Forecast: December 09
Monday, January 4, 2016 10:06
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EURUSD Forecast
The EURUSD had a bullish momentum yesterday, slipped above the bullish flag as you can see on my H1 chart below. The breakout was not as strong as it should be, but the bias is bullish in nearest term retesting 1.0980 area. Immediate support is seen around 1.0850. A clear break below that area could lead price to neutral zone in nearest term testing 1.0800. My major technical outlook remains neutral but as long as stays above 1.0800 I still prefer a bullish intraday scenario at this phase.
Source: http://fxinstructor.com/blog/eurusd-daily-forecast-december-09-5
