EURUSD Daily Forecast: March 13
The EURUSD continued its bullish momentum yesterday, topped at 1.1304. The bias remains bullish in nearest term testing 1.1400/20 region. Immediate support is seen around 1.1270. A clear break below that area could lead price to neutral zone in nearest term retesting 1.1215 region which is 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 or lower. On the upside, a clear break above 1.1400/20 would retest 1.1500 – 1.1570 key resistance area which remains a good place to sell.
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