EURUSD Daily Forecast: May 11 2016
The EURUSD had another indecisive movement yesterday. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 1.1275 – 1.1200 region as a part of the shooting star bearish scenario as you can see on my daily chart below. Immediate resistance remains around 1.1430. A clear break above that area could lead price to neutral zone in nearest term testing 1.1475 – 1.1500 region.