EURUSD Daily Forecast: April 05 2016
The EURUSD was indecisive yesterday. The bias remains neutral in nearest term. Immediate support is seen around 1.1335. A clear break and daily close below that area could trigger further bearish pressure testing 1.1250 area or lower. On the upside, 1.1500 region remains a good place to sell with a tight stop loss. Potential daily range today is seen between 1.1500 – 1.1335. My major technical outlook remains neutral.