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EURUSD Daily Forecast: March 21

Monday, March 20, 2017 20:09
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EURUSD Forecast    
The EURUSD was indecisive yesterday. Price attempted to push higher topped at 1.0777 but closed lower at 1.0739. The bias is neutral in nearest term but price is still in a bullish phase since bounced from 1.0500 testing 1.0830 – 1.0873 key resistance which is a good place to sell with a tight stop loss. Immediate support is seen around 1.0720. A clear break below that area could trigger further bearish pressure testing 1.0650/00 area. Overall I remain neutral.



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