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EURUSD Daily Forecast: February 20

Sunday, February 19, 2017 18:30
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(Before It's News)

EURUSD Forecast    
The EURUSD was indecisive last week. Price attempted to push lower bottomed at 1.0521 but closed higher at 1.0610. The bias is neutral in nearest term. Immediate support is seen around 1.0590. A clear break below that area could trigger further bearish pressure testing 1.0520/00 area. Immediate resistance is seen around 1.0680. A clear break and daily close above that area would expose 1.0750 – 1.0800 region. Overall I remain neutral.

eurusdhourly



Source: http://fxinstructor.com/blog/eurusd-daily-forecast-february-20-5

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