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EURUSD Daily Forecast: February 28
Monday, February 27, 2017 18:46
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EURUSD Forecast
The EURUSD attempted to push higher yesterday, slipped above the trend line resistance but failed to break above the H4 EMA 200 as you can see on my H4 chart below and closed lower at 1.0586. The bias remains neutral in nearest term probably with a little bearish bias testing 1.0550 – 1.0500 region. Immediate resistance is seen around 1.0630. A clear break and daily close above that area would expose 1.0700/50 area. Overall I remain neutral.
Source: http://fxinstructor.com/blog/eurusd-daily-forecast-february-28-4
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