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EURUSD Daily Forecast: November 17

Wednesday, November 16, 2016 19:47
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EURUSD Forecast    
The EURUSD was indecisive yesterday but overall still able to maintain its bearish bias since the US election, still making lower highs and lows on daily chart. The bias remains bearish in nearest term testing 1.0650. A clear break and daily close below that area would expose 1.0550 region. Immediate resistance is seen around 1.0750. A clear break above that area could lead price to neutral zone in nearest term testing 1.0800/50 region. Overall I remain neutral.

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  • It is a very useful forecast here, I have to say. Also, I can recommend you to use the help from the website at http://pipbear.com/forex-reviews/ I guess, you will find some really useful and interesting information for you as well. Whether you are a beginner or an experienced broker

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