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EURUSD Daily Forecast: February 10

Thursday, February 9, 2017 20:39
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EURUSD Forecast    
The EURUSD had a bearish momentum yesterday but still unable to make a clear break below 1.0650 key support. The bias is bearish in nearest term especially if price able to make a clear break below 1.0650 testing 1.0600 region. Immediate resistance is seen around 1.0700. A clear break above that area could lead price to neutral zone in nearest term testing 1.0750 – 1.0800 area. On the downside, a clear break and daily/weekly close below 1.0650/00 would expose 1.0500 or lower next week. Overall I remain neutral.



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  • Ahmed

    EU is really moving mix now and is looking hard to see it getting any direction, so got to be very careful with how we go about doing things. I always remain tight; it’s easier under OctaFX, as they are awesome with 50% bonus on deposit that can be used. Also, there are several other features and facilities present to help me out with working and I am really able to enjoy the deal which helps in bringing fair amount of profits to me.

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