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EURUSD Daily Forecast: October 19

Tuesday, October 18, 2016 20:54
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EURUSD Forecast    
The EURUSD was indecisive yesterday. The bias remains neutral in nearest term. As you can see on my H4 chart below price is in my “buy zone” area (1.1000 – 1.0910) which is a key support area in this choppy market. Immediate resistance is seen around 1.1026 (yesterday’s high). A clear break and daily close above that area could trigger further bullish pressure testing 1.1125 region. Overall I remain neutral.

eurusdh4

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