EURUSD Daily Forecast: April 21
EURUSD Forecast
The EURUSD attempted to push higher yesterday topped at 1.0777 but closed lower at 1.0715, formed a pin bar formation just below the EMA 200 as you can see on my daily chart below. The bias is bearish in nearest term retesting the trend line support and 1.0650/25 area which also remains a key support and good place to buy with a tight stop loss. Immediate resistance is seen around 1.0750. A clear break above that area could lead price to neutral zone in nearest term testing 1.0777 and the daily EMA 200 located around 1.0800. Overall I remain neutral.
Source: http://fxinstructor.com/blog/eurusd-daily-forecast-april-21-5
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