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EURUSD Daily Forecast: June 14

Wednesday, June 13, 2018 21:09
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EURUSD Forecast
The EURUSD had a bullish momentum yesterday, topped at 1.1801 and hit 1.1804 earlier today in Asian session after bounced-off support area, which is my “buy zone” as you can see on my H1 chart below. The bias is bullish in nearest term testing 1.1850 area. Immediate support is seen around 1.1770. A clear break below that area could lead price to neutral zone in nearest term but only a clear break below 1.1725/00 would invalidate the current bullish correction bias and reactivate my bearish mode. On the upside, a clear break and daily close above 1.1850 would expose 1.1925 area (daily EMA 200).



Source: https://fxinstructor.com/blog/eurusd-daily-forecast-june-14-6

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