EURUSD Daily Forecast: March 15
The EURUSD bullish momentum stalled yesterday, bottomed at 1.1293 but traded higher earlier today in Asian session hit 1.1326. The bias remains bullish in nearest term testing 1.1400/20 region as a part of the false breakout scenario as you can see on my daily chart below. Immediate support is seen around 1.1293 (yesterday’s low). A clear break below that area could lead price to neutral zone in nearest term testing 1.1270 or lower but key support remains at 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 or lower.
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