EURUSD Daily Forecast: November 13
EURUSD Forecast
The EURUSD had a strong and significant bearish momentum yesterday, broke below 1.1300 key support, bottomed at 1.1215. This fact confirms further bearish scenario after printed a bearish pin bar at trend line resistance as you can see on my daily chart below. The bias remains bearish in nearest term especially if price able to make a clear break below 1.1200 area targeting 1.1100 region. Immediate resistance is seen around 1.1300 area. A clear break back above that area could lead price to neutral zone in nearest term but as long as stay below 1.1500 I still prefer a bearish scenario at this phase.
Source: https://fxinstructor.com/blog/eurusd-daily-forecast-november-13-6
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