EURUSD Daily Forecast: June 06 2016

EURUSD Daily Forecast: June 06 2016

6 June 2016, 06:28
Roberto Jacobs
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EURUSD Daily Forecast: June 06 2016

EURUSD Forecast   
The EURUSD had a strong bullish momentum last week, topped at 1.1373 after bounced off the lower line of the bullish channel as you can see on my daily chart below. The bias is bullish in nearest term testing 1.1470 region.  Immediate support is seen around 1.1285. A clear break below that area could lead price to neutral zone in nearest term but overall I prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy.

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