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EURUSD Daily Forecast: March 13
Sunday, March 12, 2017 18:24
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EURUSD Forecast
The EURUSD attempted to push lower last week bottomed at 1.0525 but whipsawed to the upside and closed higher at 1.0669. The bias is bullish in nearest term. As you can see on my H4 chart below, price broke above the bearish channel suggests a bullish view targeting 1.0750 region or higher. Immediate support is seen around 1.0630. A clear break below that area could lead price to neutral zone in nearest term as direction would become unclear. Overall I remain neutral.
Source: http://fxinstructor.com/blog/eurusd-daily-forecast-march-13-5
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