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EURUSD Daily Forecast: October 20

Wednesday, October 19, 2016 18:49
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EURUSD Forecast    
The EURUSD had another indecisive movement yesterday formed a Doji on daily chart. The bias remains neutral in nearest term probably with a little bearish bias but price is still inside my “buy zone” as you can see on my H4 chart below with a tight stop loss below 1.0910. Immediate resistance is seen around 1.1000 followed by 1.1050. On the downside, a clear break and daily close below 1.0910 would expose 1.0825 area. Overall I remain neutral.



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