EURUSD Daily Forecast: November 15
EURUSD Forecast
The EURUSD was indecisive yesterday but overall still able to maintain its short-term bullish bias since formed a tweezer bottom formation as you can see on my daily chart below, slipped above 1.1300 level. The bias remains bullish in nearest term testing 1.1370 area. Immediate support remains around 1.1250. A clear break below that area could lead price to neutral zone in nearest term but only a clear break below 1.1215 key support would invalidate the tweezer bottom bullish scenario and resume the major bearish trend testing 1.1100 – 1.1000 region. On the upside, a clear break and daily close above 1.1370 would challenge 1.1500 resistance area.
Source: https://fxinstructor.com/blog/eurusd-daily-forecast-november-15-7
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