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EURUSD Daily Forecast: January 11

Tuesday, January 10, 2017 21:46
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(Before It's News)

EURUSD Forecast    
The EURUSD attempted to push higher yesterday slipped above 1.0615 but closed lower at 1.0553 and hit 1.0536 earlier today in Asian session. The bias is neutral in nearest term probably with a little bearish bias testing 1.0500 support area. A clear break and daily close below that area would expose 1.0400 – 1.0350 region. On the upside, 1.0615 remains a key resistance. A clear break and daily close above that area could trigger further bullish pressure testing 1.0700 area.

eurusdhourly



Source: http://fxinstructor.com/blog/eurusd-daily-forecast-january-11-5

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