EURUSD Daily Forecast: April 19
EURUSD Forecast
The EURUSD had a bullish momentum yesterday topped at 1.0736 after bounced off the trend line support as you can see on my H4 chart above and now traded above the H4 EMA 200. The bias is bullish in nearest term testing 1.0825 before retesting 1.0873 key resistance which remains a good place to sell with a tight stop loss. Immediate support is seen around 1.0700. A clear break below that area could lead price to neutral zone in nearest term testing 1.0650 region. Overall I remain neutral.
Source: http://fxinstructor.com/blog/eurusd-daily-forecast-april-19-6
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