EURUSD Daily Forecast: April 26 2016

EURUSD Daily Forecast: April 26 2016

26 April 2016, 05:49
Roberto Jacobs
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EURUSD Daily Forecast: April 26 2016

EURUSD Forecast   

The EURUSD had a moderate bullish momentum yesterday topped at 1.1278. The bias is neutral in nearest term probably with a little bullish bias. Immediate support is seen around 1.1215 area. A clear break and daily close below that area could trigger further bearish pressure testing 1.1150 before testing 1.1065. Immediate resistance is seen around 1.1300. A clear break above that area could trigger further bullish pressure testing 1.1385 – 1.1400. My major technical outlook remains neutral.

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