EURUSD Daily Forecast: May 17 2016
The EURUSD was indecisive yesterday. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 1.1200. Immediate resistance remains around 1.1350. A clear break above that area could lead price to neutral zone in nearest term testing 1.1400 region but only a clear break back above 1.1450 – 1.1500 would be a serious threat to the shooting star bearish scenario.