EURUSD Daily Forecast: July 27
EURUSD Forecast
The EURUSD had a bullish momentum yesterday, topped at 1.1739 and hit 1.1747 earlier today in Asian session. The bearish pin bar scenario I showed you yesterday is no longer valid. My bullish mode is now reactivated. The bias is bullish in nearest term testing 1.1750 – 1.1875 area. Immediate support is seen around 1.1700. A clear break below that area could lead price to neutral zone in nearest term testing 1.1640 – 1.1580 support area which is a good place to buy with a tight stop loss. On the upside, a clear break above 1.1875 would expose 1.2000 region.
Source: http://fxinstructor.com/blog/eurusd-daily-forecast-july-27-6
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