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EURUSD Daily Forecast: February 15

Tuesday, February 14, 2017 19:32
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(Before It's News)

EURUSD Forecast    
The EURUSD was indecisive yesterday but overall still able to maintain its bearish bias since broke below the bullish channel and H4 EMA 200 as you can see on my H4 chart below. The bias remains bearish in nearest term testing 1.0550 – 1.0500 area. Immediate resistance is seen around 1.0600. A clear break above that area could lead price to neutral zone in nearest term testing 1.0650 region which is a good place to sell with a tight stop loss. Overall I remain neutral.

eurusdh4



Source: http://fxinstructor.com/blog/eurusd-daily-forecast-february-15-6

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