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EURUSD Daily Forecast: November 09

Tuesday, November 8, 2016 18:49
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EURUSD Forecast    
The EURUSD was indecisive yesterday but fell below the range area as you can see on my H1 chart below, hit 1.1004 earlier today. The bias is bearish in nearest term testing 1.0950. Immediate resistance is seen around 1.1050/70. A clear break above that area could lead price to neutral zone in nearest term testing 1.1100 or higher. Fundamental focus will be on the US election result which could create a volatile market. Overall I remain neutral.

eurusdhourly

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