EURUSD Daily Forecast: April 25 2016
EURUSD Forecast
The EURUSD attempted to push higher last week topped at 1.1397 but whipsawed to the downside and closed lower at 1.1224. As you can see on my H4 chart below price slipped below the EMA 200 suggests a potential bearish view. The bias is bearish in nearest term testing 1.1150 area. Immediate resistance is seen around 1.1250. A clear break above that area could lead price to neutral zone in nearest term testing 1.1300 area. My major technical outlook remains neutral.
