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EURUSD Daily Forecast: January 06

Thursday, January 5, 2017 18:46
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(Before It's News)

EURUSD Forecast    
The EURUSD continued its bullish momentum yesterday topped at 1.0615. As you can see on my H1 chart below price slipped above the trend line resistance suggests a potential bullish scenario. The bias remains bullish in nearest term testing 1.0690 region. Immediate support is seen around 1.0570/50. A clear break below that area could lead price to neutral zone in nearest term testing 1.0500 area or lower.

gbpusdh1



Source: http://fxinstructor.com/blog/eurusd-daily-forecast-january-06-6

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