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EURUSD Daily Forecast: December 10
Monday, January 4, 2016 10:07
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EURUSD Forecast
The EURUSD continued its bullish momentum yesterday topped at 1.1042 as a part of the bullish flag scenario as you can see on my H1 chart below. The bias remains bullish in nearest term testing 1.1050 – 1.1100 resistance area which is a good place to sell with a tight stop loss. Immediate support is seen around 1.0980. A clear break below that area could lead price to neutral zone in nearest term testing 1.0900 region but as long as stays above the H1 EMA 200 my overall intraday bias remains bullish. My major technical outlook remains neutral.
Source: http://fxinstructor.com/blog/eurusd-daily-forecast-december-10-6
