EURUSD Daily Forecast: March 15
EURUSD Forecast
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.
Source: https://fxinstructor.com/blog/eurusd-daily-forecast-march-15-8
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