EUR/USD Daily Forecast: February 19
EUR/USD Forecast
The EUR/USD attempted to push higher yesterday topped at 1.1333 but closed lower at 1.1309 and hit 1.1295 earlier today in Asian session. The bias is neutral in nearest term but the bullish pin bar scenario remains valid. Key support remains at 1.1270 – 1.1215 region which remains a good place to buy with a tight stop loss as a clear break below 1.1215 would resume the major bearish trend testing 1.1125 region. Immediate resistance is seen around 1.1333 (yesterday’s high). A clear break and daily close above that area would expose 1.1400 region but key resistance remains at 1.1500 – 1.1570 area which remains a good place to sell.
Source: https://fxinstructor.com/blog/eurusd-daily-forecast-february-19-7
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