EURUSD Daily Forecast: March 30 2016

EURUSD Daily Forecast: March 30 2016

30 March 2016, 06:05
Roberto Jacobs
0
26

EURUSD Daily Forecast: March 30 2016

EURUSD Forecast

The EURUSD continued its bullish momentum yesterday topped at 1.1303. As you can see on my H1 chart below, price slipped above the trend line resistance. The bias remains bullish in nearest term testing 1.1350 – 1.1400 area especially if price able to move consistently above the trend line resistance and 1.1300 level. Immediate support is seen around 1.1250. A clear break back below that area could create another false breakout bearish scenario testing 1.1200 – 1.1170 region or lower. My major technical outlook remains neutral.

eurusd1


Share it with friends: