EURUSD Daily Forecast: February 23
EURUSD Forecast
The EURUSD attempted to push lower yesterday bottomed at 1.0493 but closed higher at 1.0557. The bias is neutral in nearest term probably with a little bullish bias testing 1.0600/20 area. Immediate support is seen around 1.0520/00 which remains a good place to buy with a tight stop loss as a clear break and daily close below that area would expose 1.0400 – 1.0350 region. On the upside, a clear break and daily close above 1.0600 would expose 1.0680 – 1.0700 area. Overall I remain neutral.
Source: http://fxinstructor.com/blog/eurusd-daily-forecast-february-23-6
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Whistler Blowers, Insiders
EU is really working downside with Dollar unbelievably looking in better zone than Euro; it has caused the price to move down. But, it will be hard to say where it is going to lead next, so just got to be on the toes to get it going. I do it with confidence under OctaFX, as they are special with wide range of features and facilities from small spreads to high leverage up to 1.500 while they also have got fascinating cash back scheme to give 50% back on all trades even if they are lost.