EURUSD Daily Forecast: March 24 2016

EURUSD Daily Forecast: March 24 2016

24 March 2016, 05:22
Roberto Jacobs
0
25

EURUSD Daily Forecast: March 24 2016

EURUSD Forecast

The EURUSD had a bearish momentum yesterday bottomed at 1.1159. The bias remains bearish in nearest term testing 1.1100 – 1.1065 region as a part of the false break bearish scenario as you can see on my H1 chart below. Immediate resistance is seen around 1.1220. A clear break above that area could lead price to neutral zone in nearest term testing 1.1300 and the trend line resistance. My major technical outlook remains neutral.

eurusd1


Share it with friends: