EURUSD Daily Forecast: January 19
19 Januari 2016 2:00 AM
19 Januari 2016 2:00 AM
EURUSD Forecast
The EURUSD was indecisive yesterday. The bias remains neutral in nearest term probably with a little bearish bias testing 1.0800 support area. Immediate resistance is seen around 1.0969. A clear break and daily close above that area could trigger further bullish pressure testing 1.1060 and the trend line resistance which is a good place to sell with a tight stop loss. Price is in a consolidation phase but as long as stays below the trend line resistance I still prefer a bearish scenario.
