EURUSD Daily Forecast: April 26 2016
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.