EURUSD Daily Forecast: May 17 2016

EURUSD Daily Forecast: May 17 2016

17 May 2016, 06:59
Roberto Jacobs
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EURUSD Daily Forecast: May 17 2016

EURUSD Forecast   

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.

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