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EURUSD Daily Forecast: March 20

Sunday, March 19, 2017 20:09
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(Before It's News)

EURUSD Forecast    
The EURUSD continued its bullish momentum last week topped at 1.0782 as a part of the bullish run since bounced from 1.0500 as you can see on my daily chart below. The bias is bullish in nearest term testing 1.0830 – 1.0873 key resistance area which is a good place to sell with a tight stop loss. Immediate support is seen around 1.0700. A clear break below that area could lead price to neutral zone in nearest term testing 1.0650 but only a clear break back below 1.0600 would end the current bullish phase.

eurusddaily



Source: http://fxinstructor.com/blog/eurusd-daily-forecast-march-20-5

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